Category: Electronics

Retail News Asia is committed to providing both local and global retailers with the latest Electronics news throughout the Asian market. This on a daily base.

  • Hong Kong Customs Roll Up Counterfeit Phone Gangs

    Hong Kong Customs Roll Up Counterfeit Phone Gangs

    A territory-wide Hong Kong Customs raid has resulted in arrests and netted 100 smartphones suspected of being counterfeits.

    During the one-day Operation Snow Leopard, officers raided 12 shops and two storage places, seizing smartphones with suspected false trademarks or bearing possibly false trade descriptions. They also found about 3400 accessories also suspected of being fakes.

    Arrested were 18 men and a woman between 21 and 48 years old, including shop owners and salespersons, while the market value of the seized goods is estimated to be about HK$1.5 million.

    Customs had earlier received information alleging that some phone-repair shops sold suspected counterfeit smartphone accessories, and some shops were suspected to have engaged in unfair trade practices by selling old smartphones as new products, or selling parallel-imported smartphones as authorised products.

    After an in-depth investigation with the help of trademark owners, Customs took the enforcement action yesterday and raided 12 shops.

    Customs also cracked down on a syndicate in connection with export, supply and distribution of suspected counterfeit smartphones and accessories. A total of 64 suspected counterfeit smartphones and 330 suspect accessories were seized from the storage places in Sham Shui Po and Tsing Yi.

    A 32-year-old male head and 34-year-old female member of the syndicate were arrested. With the investigation ongoing, more arrests are possible.

    Intellectual Property Investigation Bureau chief Catherine Yip says the successful detection of the case was attributed to reporting by members of the public and the full help of trademark owners.
    She says Customs will step up inspection and enforcement with the approach of the Labour Day Golden Week.

    Customs says traders need to comply with the requirements of the Trade Description Ordinance (TDO) as the sale of counterfeit goods can lead to a fine of up to $500,000 and imprisonment for five years.

    Meanwhile, Customs has broadened reporting options by introducing a dedicated crime-reporting email account (crimereport@customs.gov.hk).

    Intelligence Bureau chief Kitty Poon says public reports received by Customs have risen progressively by 21 per cent, from 31,994 in 2015 to 38,819 last year. Of these, the proportion received via email has grown from 30 per cent in 2015 to almost 40 per cent last year.

  • Time goes by for Apple Watch-exclusive

    Time goes by for Apple Watch-exclusive

    Time has run out for Japan’s Apple Watch-exclusive store.

    Inside Shinjuku’s Isetan department store, it is one of three pop-ups the tech titan built when launching the wearable in 2015. Its last day will be May 13.

    Apple shut down the other two pop-ups, in London and Paris, early last year. The Tokyo one closes a month after a fully fledged Apple Store opened opposite Isetan.

    According to 9to5mac and Gizmodo Japan, the shop has held a fire sale on Isetan’s website to sell its remaining Apple Watch Edition devices at prices as low as $700 (the 18-karat gold watches sold for at least US$10,000 and as much as US$17,000 when they first became available).

  • Samsung Reveals Smarter Integration with Built-in Appliances at EuroCucina 2018

    Samsung Reveals Smarter Integration with Built-in Appliances at EuroCucina 2018

    In its debut exhibition at the biennial EuroCucina 2018, Samsung Electronics showcased its full range of premium built-in appliances that bring benefits to consumers through cutting-edge designs and heightened connectivity. The event took place at the Salone del Mobile, Milan, April 17-22, where more than 300,000 visitors were expected to attend.

    Last year Samsung’s European home appliances business grew five times faster than the market. As a result of this momentum, Samsung participated in EuroCucina 2018, a showcase for new trends, designs and technologies for European kitchens.

    The European built-in market is worth $18.5 billion annually, accounting for 40% of the global built-in market. Samsung’s premium built-in appliances, equipped with and IoT technology, are positioned at the center of the market. The opportunity to experience the kitchen of the future at the Samsung booth attracted the attention of many visitors at the exhibition.

    Consumer-Led Innovations

    Samsung displayed its full built-in product lineup at EuroCucina. The range included its Twin Cooling Plus™ technology refrigerator, Virtual Flame™ cooktop and Waterwall™ dishwasher. The company also unveiled the new Dual Cook Flex™ oven at the event.

    The Dual Cook Flex™ zone highlighted how the oven can adapt to the needs of its users. Its innovative Dual Cook technology, for example, allows independent access to the upper oven compartment without compromising on cooking performance in the lower compartment. With research indicating that European oven users are cooking multiple dishes simultaneously three times a week on average, the oven’s Dual Cook system allows users to set different temperatures and time settings for each compartment, giving them greater control over simultaneous cooking.

    Dual Cook Flex™ offers a range of IoT features. Consumers can remotely preheat, monitor and control the oven from anywhere with the SmartThings app. What’s more, the Cooking Guide makes setting recommendations based on ingredients and type of food being prepared.

    The booth also demonstrated how Samsung’s industry-first innovations in the home appliance market provide a seamless experience and make a real difference in the kitchen. Samsung’s Twin Cooling Plus™ technology, which independently controls the refrigerator and freezer, was showcased in a transparent display to best illustrate how the system works. There were also zones exhibiting the Virtual Flame™ cooktop, an induction stove that mimics the appearance of flames to provide more intuitive visual control over the heat, and the WaterWall™ dishwasher that delivers remarkable cleaning results with a streaming wall of water.

    Seamless Kitchen Connectivity

    As people spend more of their time at home in the kitchen, and the space fulfills more roles than ever before, smart technology has become increasingly more important. Yet digitization of the kitchen has been slower than other key spaces of the home.

    In addition to exhibiting the IoT capabilities of the Dual Cook Flex™ oven, Samsung demonstrated the seamless connectivity of key home IoT products at EuroCucina 2018.

    On display was the latest generation of Family Hub integrated with SmartThings, Samsung’s IoT platform, which offers seamless connectivity between any IoT device using one app and a single cloud that manages all your devices. The smart refrigerator provides a center point for connecting all devices in the home, and is equipped with features such as Bixby, Meal Planner, Shopping List and Recipes to enhance your smart cooking experience.

    Recent strides towards connectivity and innovation have resulted in 90 percent of Samsung products, including smartphones and TVs, being IoT-applicable. Thanks to the company’s collaborative efforts based on the Open Connectivity Foundation, the SmartThings ecosystem is operable and compatible with even more devices and brands.

    “We are fully committed to ensuring that all our products are not only IoT ready, but also intelligent by 2020,” said HS Kim, President and CEO of Samsung’s Consumer Electronics Business, at the press conference on April 18th.

    Stylish Built-in Design

    With premium designs such as Samsung’s black stainless-steel built-in packages, the exhibit modeled the streamlined look of the modern kitchen, which couples elegant design with intelligent technology.

    Based on a philosophy of thoughtful design, today’s kitchen embraces simplicity, timelessness and an aesthetic that emphasizes minimalism while maximizing usability. This “Flat Design” favors clean lines, hidden displays and seamless integration. Samsung’s built-in appliances, such as its premium flat design refrigerators, have a precision engineered flat face which sits flush to the counter front.

    Samsung Electronics acquired the luxury US built-in brand ‘Dacor’ in 2016 and has worked with various other partners, such as Nolte in Germany, and Scabolini and Benetakuchine in Italy to increase the competitiveness of premium built-in appliances as part of the company’s commitment to ‘bring the kitchen to life’. As well as displaying the ‘Dacor Modernist Collection’, Samsung also collaborated with numerous European luxury brands such as Nolte at this exhibition. Amongst these designs, the Dacor built-in refrigerator, which imbues a sense of luxury with its porcelain inside, has attracted significant attention.

    Integrating smart technology with appliances and pursuing further innovations will transform the way we cook and interact in the kitchen, as Samsung aims to provide a more seamless, connected experience throughout the home.

  • Google Singapore goes online

    Google Singapore goes online

    After launching its online store, Google Singapore has introduced its smart speaker Google Home.

    It has taken the technology 16 months to reach SouthEast Asia, and alongside the Google Home Mini the speaker will be sold through retail stores such as Challenger, Courts and StarHub, as well as online from tomorrow.

    There is no word on when the newer Google Home Max will be made available, reports CNet, nor if Google Home will be rolled out elsewhere in Southeast Asia. However, it was launched in India last week and in Japan late last year.

    Singapore’s version of the speaker will support Singlish, and have access to local services such as public transportation chatbot Bus Uncle.

    Google has also enabled multi-user support for Singapore, and will be able to deliver personalised schedules or music based on who is asking.

    “We’re seeing a transition from a mobile-first world to an AI-first world,” says Google VP of product management Rishi Chandra. “We’re looking to reinvent all of our products to make it more natural to use them, and we think voice is going to be a big part of that. Voice can fundamentally change how you interact with computers.”

    He says Home has been designed around Google’s privacy framework. “We want to be transparent and give user control.”

    User data across all Google platforms, including Search and Home, can be managed on a single backend, enabling users to easily view and delete their information.

  • Samsung to debut MicroLED TVs this year

    Samsung to debut MicroLED TVs this year

    Samsung Electronics will launch televisions using MicroLED next-generation display technology by the end of the year, with price tags that could reach $300,000.

    Samsung will be able to work flexibly with customers on screen size, thanks to the modular design of its MicroLED panels, design chief Lee Don-tae told.

    Although details have not been settled, the TVs due out this year could be even larger than the 88-inchers leading Samsung’s current lineup. Samsung plans to market them as a high-end offering in the U.S. and the Middle East, and as a potential replacement for computer projectors.

    MicroLED, which uses massive numbers of tiny light-emitting diodes per screen, is seen as the next big thing in display technology. Unlike LCD and many OLED TVs on the market, it does not rely on color filters, using elements that emit red, green and blue light instead. It is also believed to offer better images with a wider viewing angle. Competition is already heating up. Apple has begun developing its own MicroLED displays, according to American reports.

    Samsung itself has pulled out of OLED TVs, which take their name from the organic LEDs they employ. But the company remains critical of rivals’ products, most of which use white OLEDs simply as a light source rather than to produce color. Samsung employs OLEDs that emit their own colors in smartphone displays that it makes.

    Meanwhile, the LG group has emerged as a key player in displays based on white OLEDs. In addition to using them in its own TVs, it is also now supplying the panels to 13 TV manufacturers, including Sony.

    OLED TVs are rapidly becoming a fixture in luxury markets. The global market for them nearly quintupled between 2015 and 2017 to roughly 1.33 million units, according to Euromonitor International. Samsung is struggling to remain a leading player in high-end TVs with its lack of OLED models and wants to gain a head start in next-generation MicroLEDs.

  • Amazon Australia unveils new Echo product

    Amazon Australia unveils new Echo product

    A week after showcasing Alexa to over 10 thousand local industry members, Amazon has moved to further expand its voice capabilities in Australia, making its latest Echo product available for pre-order.

    Echo Spot differs to Amazon’s other Echo products in that it has a small screen, enabling the voice assistant to display corresponding graphics to its various functions.

    It comes as Amazon embarks on a national marketing push for Alexa in Australia, including outdoor and digital assets.

    Pre-orders begin on 26 April and will set customers back $199, more expensive than the $149 base echo product, but less expensive than the $229 Echo Plus.

    The Spot features many of the same features that Amazon’s other Echo products do, including access to the 15,000 local ‘skills’ (applications) available through Amazon and other third parties.

    “Echo Spot combines the popular small design of Echo Dot with the added benefit of a display, and the features you love about Alexa into a stylish and compact device,” said Sylvia Ding, Alexa Australia and New Zealand Country Manager. “See the weather, watch video news briefings, glance at your alarm clock, make video calls, and more—we think customers in Australia will find lots of places for Echo Spot in their homes.”

    Amazon is hoping that Alexa will be a cornerstone of its Australian ambitions, helping to complete the closed loop model that’s made it so successful in its other markets such as the United States.

    Yesterday in the states Amazon chief Jeff Bezos took the company’s next step towards increasing Amazon’s presence in American living rooms, inking a deal with Best Buy to retail Amazon’s range of smart TVs in stores.

  • Huawei store for Hong Kong

    Huawei store for Hong Kong

    Chinese smartphone maker Huawei Technologies will open its first retail store in Hong Kong by the end of July.

    Just a week after unveiling its flagship P20 Series smartphones in Hong Kong, the Shenzhen-based company has revealed its plans for a 2000sqft store in Tsim Sha Tsui.

    Huawei has a market share of around 10 per cent in Hong Kong, behind Apple and Samsung, but says it is working hard to achieve 15 per cent by the end of the year.

    Its latest products at the new store will have prices starting from HK$4980 (US$635), and include the P20 Pro, which has a three-camera system that takes photos with a far higher resolution than the iPhone, reports EJInsight. Huawei senior executive Richard Yu has described it as “the iPhone killer”.

    Huawei aims to boost its public exposure in Hong Kong with its own retail store, rather than relying on third-party channels. Already Apple has five stores in the territory since arriving in 2011, while Samsung has its Galaxy Studio. Beijing-based Xiaomi is set to open its third store in Mong Kok next year.

    With its store, Huawei will be able to showcase its technological advancements, such as its 5G development and its Kirin mobile processor. Its P20 Pro and Mate 10 have hardware specifications that surpass those of Apple.

    Worldwide, Huawei is growing faster than most of its rivals and is in a neck-and-neck race with Apple, says EJInsight. In fact, at one point last year it surpassed Apple in shipping volumes, but then the iPhone X and iPhone 8 series were released.

  • Philippines smartphone shipments fall for first time

    Philippines smartphone shipments fall for first time

    Smartphone shipments in the Philippines have declined 7% to approximately 15 million units in 2017, according to IDC.

    The research firm’s latest Asia/Pacific Quarterly Mobile Phone Tracker and Asia/Pacific Quarterly Personal Computing Device Tracker also revealed that tablet shipments fell 30% year-over-year (YoY) to just 1 million units.

    Smartphone shipments recorded the first decline since its introduction into the local market as intense competition from top brands – such as Samsung, OPPO, and vivo – resulted in some vendors being ousted from the market.

    Tablets continued to decline as their significance in the market waned due to the lack of practical use cases and cannibalization by smartphones with larger screen sizes.

    According to IDC, Philippine users are shifting to handsets with higher specs and better features, going against the traditional observation of device users in the Philippines being among the more price-sensitive in Asia-Pacific.

    Jensen Ooi, Senior Market Analyst, Client Devices, IDC ASEAN noted that while end users will continue to consider specs as one of the important factors when purchasing their next smartphone, the next “wow” factor they will be looking out for are the features that enhance their experience.

    “In the short term, they would also consider the latest appealing features with the most relevant use cases, namely multiple cameras that enhance the photography and 18:9 screens that give a better viewing experience. These features were only limited to high-end flagship phones in the past but have become more commonly available in reasonably priced midrange (US$200<US$400) handsets as well now,” he added.

    On-device AI remains at this point.

    Despite this, the average selling price of smartphones in 2017 grew to $134, a 13% YoY increase with ultra low-end smartphones (<$100) holding the lion’s share of the market, accounting for 59% of all smartphones in 2017 compared with 67% in 2016. Meanwhile the combined share of low-end ($100-$199) and midrange ($200-$399) smartphones grew to 35% from 28% in 2016.

    Samsung and Chinese brands such as OPPO and vivo were the key driving brands that led to the growth of the low-end and midrange segments in 2017. “Heavy marketing campaigns and lucrative sales promoter incentives enabled these brands to strengthen their mindshare in the local market, increase their shipments, and grow their respective market shares,” Ooi said.

    “The assault of these brands affected the sales of some of the players, resulting in them reducing their supplies, which ultimately impacted overall smartphone shipments.”

    From a screen size perspective, phablets (5.5”-6.9”) recorded significant growth in recent years, accounting for about a quarter of smartphone shipments in 2017. “As mobile content continues to grow, smartphones have become the primary device for basic productivity and everyday media consumption, and this fuels the need for larger screens and higher specs,” Ooi added.

    The loser in this trend are slate tablets (7”-10.9”) which are seeing declining says because they cannot offer the same level of practicality that phablets provide.

    Trending in 2018

    The smartphone market in the Philippines is expected to rebound in 2018 as competition between popular brands, which will continue to strengthen their positions, and local and minor brands, which will continue to struggle to stay relevant, intensifies. “We expect smartphone vendors to continue shipping in more phablets and equipping their new models with enticing features, such as dual cameras, thin bezels, and on-device artificial intelligence,” Ooi concluded.

  • Is there any Alexa advantage?

    Is there any Alexa advantage?

    The Australian market is approaching 5 months since Amazon launched its highly anticipated marketplace service, and by many accounts its entry hasn’t been all it was cracked up to be.

    While Amazon has said that Australia brought in its higher launch day volumes in the company’s history, the overwhelming market response to its immediate impact has been a shrug and a sigh of relief.

    In his second public appearance since taking the reigns of Amazon in Australia yesterday company veteran Rocco Brauniger conceded that he and his team still have a lot of work to do as the business moves towards a launch of the Prime loyalty program locally.

    “There’s still a long way to go,” he said. “We’re really working hard to bring a lot of innovation here.”

    Brauniger faces an interesting challenge. Amazon is estimated to account for more than 50 per cent of total e-commerce sales in the US, but the business is far from an early mover in the online or marketplace space in Australia – local retailers have had years to learn from the mistakes of their international peers.

    But those trying to go toe-to-toe with Amazon’s e-commerce platform could be in for a surprise.

    Earlier this year Amazon’s voice assistant Alexa launched locally with its suite of accompanying echo products to little fanfare, which is interesting given founder Jezz Bezos’ clear focus on the service.

    “Our 2017 projections for Alexa were very optimistic, and we far exceeded them. We don’t see positive surprises of this magnitude very often — expect us to double down,” he said when Amazon reported fourth quarter earnings in February.

    The Alexa advantage

    Bezos isn’t the only one excited about Alexa either, Brauniger has two echo devices in his home and uses Alexa every day to do everything from getting the headlines to checking the surf at his local beach.

    Despite only being a few months into its Australian life, Alexa has more than 15,000 ‘skills’ (applications) available on its platform, providing customers with voice access to movie tickets, pizza, news, public transport and banking.

    A myriad of local brands is already on board, from Qantas to National Australia Bank, Domino’s and Hoyts.

    In a presentation yesterday, Alexa’s recently hired managing director of Alexa skills in ANZ, former Intel Australia MD Kate Burleigh, said that voice interaction was a game changer that will take the Australian market by storm.

    “It is the biggest leap forward we’ve seen in a number of years and we can do it now because its technically possible,” she told a crowd of thousands gathered in Sydney.

    “Voice is how we like to interact, it’s the most natural way for all of us to communicate with each other … and bring our ideas to life.”

    Alexa is an important part of Amazon’s end-to-end customer strategy in the US, embedding Amazon into the living rooms of consumers that have been turning to voice shopping in droves.

    In Australia voice shopping is still relatively under-developed but is expected to take off in the next few years, with a recent survey conducted by Salmat finding that as many as 46 per cent of Aussies are excited to take voice shopping for a spin.

    For Amazon it represents an opportunity to ground floor and catch many otherwise prepared Australian competitors off guard – Alexa could be the key to cementing its presence in the local market.

    Competitors responding

    Amazon’s closest local competitors are already responding though, with Ebay one upping its rival late last year by launching voice shopping in partnership with Google’s voice assistant. Amazon shopping is still not available to Australian Alexa users.

    Meanwhile, Ruslan Kogan is looking to launch his range of own-branded smart speakers with Google Assistant built in and Catch Group is actively looking into the channel.

    “Voice will be the future of search, there’s no doubt about that,” Catch’s head of marketing Ryan Gracie has said.

    But for traders outside of the marketplace space voice is a tricky proposition. Voice lends itself to convenient product searches that are light on detail about things like brand or preferred seller, raising the possibility that Amazon, which also sells its own products, could gate-keep shopper queries.

    Alexa in the home – completing the closed loop

    Burleigh, who will be working on implementing Alexa’s voice shopping capabilities locally, didn’t delve into the details of Amazon’s plans on Tuesday, but outlined Amazon’s ambition to put the voice assistant at the heart of the Australian household.

    “We’ve already had such excitement in the marketplace around the potential that Alexa can bring into our homes,” she said.

    In the US, where Alexa now has more than 30,000 skills, large appliance businesses such as LG are embedding Alexa into their products.

    “You can build your own devices and solutions and embed Alexa’s voice service,” Burleigh explained.

    Aside from its hope that Alexa can become part of millions of Australian homes, it will also form a cornerstone of the infamous closed-loop model it has implemented in the US, synergising with its forthcoming Prime loyalty program by enabling exclusive deals for subscribers.

    The highly anticipated loyalty program is expected to launch later this year and is expected to deliver a step-change for Amazon’s Australian plans as it expands its fulfilment capabilities here.

  • Xiaomi signs a partner deal with LightInTheBox Holding

    Xiaomi signs a partner deal with LightInTheBox Holding

    Global online retailer LightInTheBox Holding has signed a strategic distribution agreement with Xiaomi to sell its technology products in North America.

    It is Xiaomi’s first cross-border e-commerce distribution partnership in the region, and customers buying its products through LightInTheBox platforms will receive local customer support from Xiaomi.

    Founded in 2010 by entrepreneur Lei Jun, Xiaomi is based on the vision “innovation for everyone”.

    The Beijing-based company incorporates customer feedback into its product range, which includes Mi and Redmi smartphones, TVs and set-top boxes, routers and Mi Ecosystem products including smart home products, wearables and other accessories. Xiaomi has a presence in more than 70 countries and regions.

    With its headquarters in Beijing, LightInTheBox websites and mobile applications are available in 23 languages and cover more than 80 per cent of global internet users.

  • Samsung tips record first quarter profit as chip boom winds down

    Samsung tips record first quarter profit as chip boom winds down

    Samsung Electronics tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns that the semiconductor boom that has driven the South Korean tech giant’s earnings is about to end.

    Samsung shares fell after the announcement as analysts forecast similar or lower profit in the second quarter, due to slower growth in DRAM chip prices and higher marketing costs for the flagship Galaxy S9 smartphone.

    “Even if profits start falling in the second half, Samsung will have a strong balance sheet this year,” said Song Myung-sup, analyst at HI Investment & Securities, predicting looser supply of DRAM chips to start driving down prices.

    The global semiconductor leader and Apple Inc smartphone rival forecast January-March profit to leap 57.6 percent from a year earlier to 15.6 trillion won (US$14.7 billion), beating an average forecast of 14.5 trillion won from a Thomson Reuters survey of 21 analysts.

    Revenue for the quarter was tipped to rise 18.7 percent to 60 trillion won, Samsung said in a regulatory filing. The company did not elaborate on its performance and will disclose detailed earnings in late April.

    Samsung shares fell as much as 2.7 percent on Friday before paring losses to close down 0.7 percent, compared to a 0.3 percent drop in the wider market.

    Analysts said Samsung’s shares were affected by a UBS report forecasting an increase in the supply of DRAM chips used in servers, which dragged down Micron Technology Inc shares more than 6 percent on Thursday.

    The prices of NAND chips commonly used in mobile devices began falling late last year and analysts have been closely watching for signs of the peak in the DRAM price boom as well.

    Even if DRAM price growth is at its peak, analysts said Samsung remained on track for record annual earnings.

    “Although gains in memory chip prices have slowed from the height of the chip boom, lower prices could also increase demand for chips, and Samsung has the cost-cutting ability to keep profits up,” said Greg Roh, analyst at HMC Investment & Securities.

    MOBILE BUSINESS

    While the chip business underpinned Samsung’s profit growth, the mobile business – which accounted for 40 percent of 2017 revenue – appeared to have made a surprisingly solid contribution to first-quarter earnings, analysts said.

    They put this down to Samsung’s early launch of its flagship Galaxy S9 device in March, healthy sales of older devices as consumers balk at the high price of new premium models, and a short-term dip in advertising costs.

    “I think lower marketing costs for the mobile business helped, because the first quarter is traditionally not a boom season for rival Apple, so Samsung did not need to spend a lot on marketing,” said Claire Kim, analyst at Daishin Securities.

    Worldwide smartphone shipment volumes shrank for the first time in 2017, and Samsung is coming under increasing competition from the likes of low-cost Chinese rival Xiaomi .

    Concerns about the smartphone market and a subsequent fall in demand for components like OLED screens – used in Apple’s iPhone X – are behind a roughly 5.3 percent fall in Samsung Electronics’ share price so far this year, from a record high in November.

    In a separate development, prosecutors searched the offices of a Samsung Electronics unit on Friday as part of a probe into allegations the conglomerate had sabotaged worker’s efforts to strengthen labor unions, a South Korean prosecutors’ office said.

    A Samsung spokeswoman said prosecutors had secured labor-related documents. She declined comment further.

     

  • Xiaomi pushes smartphone component suppliers to invest more in India

    Xiaomi pushes smartphone component suppliers to invest more in India

    China’s Xiaomi said it wants its global smartphone component makers to set up base in India, in what is likely to bring as much as US$2.5 billion of investment to the South Asian nation while also creating up to 50,000 jobs.

    Xiaomi’s push could boost Prime Minister’s Narendra Modi’s flagship ‘Make in India’ drive that is aimed at adding tens of millions of new jobs and turning Asia’s No.3 economy into a global manufacturing hub.

    Xiaomi, which looks headed for a big initial public offering later this year, currently has six smartphone manufacturing plants in India. It hosted more than 50 of its global suppliers in New Delhi at an investment summit on Monday that was also attended by key government officials.

    If the suppliers at the summit were to set up shop in India, a top market for Xiaomi, it would bring in US$2.5 billion in investment and create as many as 50,000 jobs, the company said.

    The Chinese firm has unseated Korean rival Samsung Electronics to take the pole position in India’s smartphone market – the world’s second biggest.

    Xiaomi, which began assembling smartphones through Foxconn in southern India in 2015, will now assemble parts like memory and processors on printed circuit boards locally, said Manu Jain, managing director of Xiaomi’s India operations.

    “Today we are deepening this commitment with three more smartphone factories and our first surface-mount technology (SMT) plant dedicated towards local manufacturing,” Jain said in a statement.

    SMT is a method by which components are embedded onto printed circuit boards (PCBs). Once populated with components, PCBs that house memory, chips and other components, typically account for about half the cost of a smartphone.

    This announcement comes a week after New Delhi levied a 10 percent import duty on some key smartphone components, including populated PCBs. The South Asian nation is Xiaomi’s second-largest market after China.

    Xiaomi’s SMT plant will be run by Taiwan’s Foxconn, the world’s largest contract electronics manufacturer and a key Apple supplier.

    However, Xiaomi’s push to get suppliers to India could spark job loss concerns in neighbouring China that is currently among the top electronics manufacturers in the world.

    “India’s cheap labour offers more competitiveness to manufacturers, demand is vast and in India opportunity is also huge because the market is much less saturated compared to China,” said Jaipal Singh, a senior market analyst for client devices at tech research firm International Data Corporation.

  • a Second Apple China store in Macau?

    a Second Apple China store in Macau?

    Apple China is planning a second shop in Macau, according to Apple Insider.

    Quoting StoreTeller, it says the IT brand’s store will be at Sands Cotai Central casino resort.

    Unlike Apple Galaxy Macau, the outlet is external, and is likely to open this quarter.

    Globally, its latest all-new store is in Vienna.

  • Apples focuses on high-end audio market

    Apples focuses on high-end audio market

    Apple is returning to its roots when it comes to music products and is starting to embrace the world of audiophiles who are prepared to pay more for premium, higher-quality speakers and music devices.

    Take the release of the HomePod in February. Apple‘s new home speaker is designed to compete with Amazon’s Echo devices. A key part of Apple’s marketing for the device focuses on the audio quality.

    “HomePod is a powerful speaker that sounds amazing and adapts to wherever it’s playing,” Apple says on its website. “It is the ultimate music authority, bringing together Apple Music and Siri to learn your taste in music.”

    Apple already has its own line of headphones, and even has an entire separate brand for them: Beats. Apple bought Beats for $3 billion (£2.1 billion) in 2014, and got its hands on the company’s trendy headphones business, its fledgling music streaming service, and Beats founders Jimmy Iovine and Dr. Dre.

    But the Beats brand never felt like a natural fit for Apple. The company built up its profile by making sure that celebrities and sports stars wore its distinctive, colourful headphones. Apple, however, prefers to be far more low-key in its endorsements and design choices. Design chief Jony Ive favours white, minimalist products, for example.

    Apple now seems to be planning to start again on headphones and is reportedly working on something that seems much more Apple-y.

    High-end audio products are nothing new for Apple. In fact, it brings the company back to the release of the iPod.

    The iPod Classic was practically tailor-made for audiophiles with its 80GB or 160GB hard drive and support for lossless music. Wired said that it was “the natural choice for people who are serious enough about audio quality to include their listening equipment in their signature files.”

    But over the years Apple has moved away from catering to audiophiles. It’s a small market, after all, and Apple does not want to risk releasing niche products. So newer iPhones made it incredibly difficult to play lossless music, and Apple eventually discontinued the iPod Classic. “Farewell Apple iPod classic, We Audiophiles Will Miss You,” PC Magazine wrote.

    There have been glimmers of hope for audiophile Apple watchers over the years, though.

    Ive likes to play loud music in the Apple design studio. Maybe that was a sign that an Apple stereo system was on the way. Apple founder Steve Jobs had been working on a new, lossless music format with musician Neil Young. Maybe Apple was about to get back into lossless audio in a big way (it wasn’t). U2 singer Bono said that he was working on a top secret music format with Apple. Perhaps that was the high-resolution audio fans had been waiting for.

    The audiophiles revolted. “How do you justify an iDevice to an audiophile?” read one forum post. “With the lackluster audio properties inside the devices and the inability to make adjustments to the sound it is a hard sell to someone who cares about audio, for a company that claims to love music.”

    Another forum post had the title “Apple Music… Seriously?” Audiophiles bemoaned the lack of proper lossless audio support. Sure, some people made the point that Apple’s music format is basically identical to standard lossless formats. But audiophiles never saw Apple as a serious player in that space.

    Now, that all seems to be changing. The HomePod received positive reviews from Reddit’s audiophile community. Apple vice president of worldwide marketing Phil Schiller even tweeted a link to a post from the subreddit reviewing the speaker.

    The release of a line of premium Apple headphones would do even more to establish Apple’s audiophile credentials. Until recently, the closest thing you would find to an audiophile product in an Apple Store was a speaker made by a third-party company such as Devialet. But that is likely to change as Apple develops its own line of speakers and headphones.

  • Will Wearable Cards Gain Ground in Domestic Market?

    Will Wearable Cards Gain Ground in Domestic Market?

    All eyes are on whether “wearable credit cards,” which became a hit during the 2018 Winter Olympics in PyeongChang in South Korea, will be able to gain ground in the domestic market even after the closing ceremony of the Olympics. In the United Kingdom and Australia, the wearable card market is already being established.

    According to credit industry sources on March 20, Lotte Card Co. predicted earlier that 100,000 wearable payment devices for the 2018 PyeongChang Winter Olympics would be sold. However, more than 150,000 wearable payment devices have been sold as of the 18th of this month.

    Visa has developed three Near Field Communication (NFC)-enabled wearable payment products for the Winter Olympics: A commemorative sticker, a pair of gloves, and an Olympic pin in November last year. Visa teamed up with Lotte Card, the financial arm of the South Korean-based retail giant Lotte Department Store to produce these new pre-paid payment wearables. To use the devices, the wearer can tap or bring the wearable near any NFC-enabled terminal or reader and the secured microchip and antenna embedded within the device will allow a contactless payment to be completed.

    Credit card companies are paying attention to whether wearable credit cards will be able to sustain the momentum from the Winter Olympics and create the market in South Korea.

    Foreign major financial companies and payment and settlement companies have been already preparing for various types of payment services, including wearable credit cards, in order to dominate the future payment market in advance. U.K.-based Barclaycard joined hands with numerous accessory brands to develop NFC-enabled wearable payment products, such as bracelets, smartphone cases and keychains. Australia’s Bankwest also launched ‘Halo’, a ring that enables users to make ‘tap and go’ payments as an alternative to cash or a contactless card. The ring itself is water-resistant and does not need to be charged. In addition, The “Pay per Gaze” payment service using Google Glass also was released.

    However, there are big challenges for the wearable payment market due to no standards established for contactless payments and compatibility with other devices. In fact, some users had trouble making a payment during the Winter Olympics when they put their NFC-enabled commemorative sticker on the center or the upper side of their smartphones. This is because it conflicted with their smartphone’s NFC features.

    An official from the credit card industry said, “Commercialization of wearable credit cards is not too distant when we solve problems with technology verification and complementarities with wearable types of cards.”