Technology Bulletin

    • Maruti Suzuki Drops Plan to Double Car Manufacturi...
    • Jul 30, 2019
    • "Maruti Suzuki - India's largest carmaker by sales, production, and share-has, dropped plans to double its vehicle production capacity in Gujarat, amid... View More
      "Maruti Suzuki - India's largest carmaker by sales, production, and share-has, dropped plans to double its vehicle production capacity in Gujarat, amidst a prolonged overall slowdown, with vehicle sales falling for a consecutive 8th month in the country. Most auto companies, including Tata Motors and Mahindra & Mahindra, have already announced production cuts earlier.  Citing a lack of clear long-term policies by the Government, regarding electric vehicles and norms on vehicle emissions, auto OEMs in India are deciding to hold back on their future investments in the country." - Vinay Piparsania (Source: Business Today)
    • DiDi Extends Its Platform in Mexico: Begins Select...
    • Jul 30, 2019
    • "Didi, the Chinese ride-hailing company, is expanding, and it will soon have a presence in a total of 32 cities in Mexico. Didi currently has services in 1... View More
      "Didi, the Chinese ride-hailing company, is expanding, and it will soon have a presence in a total of 32 cities in Mexico. Didi currently has services in 19 cities in Mexico, and the company just opened registration for drivers in another 13 cities. Didi arrived in Mexico in April 2018. Didi is competing with Uber, who is the leader of the ride-hailing market in Mexico. Uber has been in the country for almost six years with services in 41 cities. Although Uber and Didi have an investment in each other, in LATAM they compete head to head. Didi also competes with Cabify and a Greek ride-hailing company called Beats. As profits from China decrease, Didi is desperately looking for new markets to expand. In LATAM, the next market to open will most likely be Brazil as it has already set up the business foundation." - Tina Lu (Source: Forbes)
    • Mapbox Hires Former Amazon (AWS) Executive as CTO
    • Jul 30, 2019
    • "Nitin Agrawal is a great hire for Mapbox as it can help manage investments and also drive newer effective pricing models and streamline the operations a b... View More
      "Nitin Agrawal is a great hire for Mapbox as it can help manage investments and also drive newer effective pricing models and streamline the operations a bit and help Mapbox make money. However, if we analyze Amazon-Mapbox relationship - Amazon is an important account for Mapbox for mapping needs and vice versa for Mapbox in terms of AWS storage and cloud. Mapbox has been working closely with Amazon for Amazon Sumerian platform to develop 3D mixed reality apps, which are going to be critical for Digital Twins, AR-driven IoT applications, and location-centric 3D content. This makes Mapbox is a great acquisition target for Amazon, considering it sees Microsoft building Azure Maps to drive extra value add for IoT customers as well. If Amazon also has eyes on developing autonomous systems, it will need HD maps, and the Mapbox size (vs. TomTom or HERE) perfectly makes sense. Though, in terms of capabilities, Mapbox will take a few years to get closer to the big three (add location ecosystem blog link). So in a nutshell, Nitin's hiring could make it easier for Amazon if it plans to acquire Mapbox, worth keeping an eye on how this pans out." - Neil Shah (Source: Wall Street Journal)
    • China’s 2019 New-Vehicle Sales Forecast Revised Do...
    • Jul 30, 2019
    • "China Association of Automobile Manufacturers (CAAM) has lowered the forecast for China’s 2019 new-vehicle sales to 26.68 million, a 4.7% decline fr... View More
      "China Association of Automobile Manufacturers (CAAM) has lowered the forecast for China’s 2019 new-vehicle sales to 26.68 million, a 4.7% decline from 2018, as against an earlier projection of remaining at last year’s level of 28 million. This adjustment to forecast has been necessitated with domestic new-vehicle market volumes continuing to trend lower than expected for the first six months of this year. New light-vehicle sales in China have declined 5.4% to 22.44 million, and new commercial-vehicle are down by 3 percent, to 4.24 million. On a brighter note, however, EVs - including full-electric vehicles, plug-in hybrids, and fuel cell vehicles- are expected to grow by 19%, to around 1.5 million." - Vinay Piparsania (Source: Automotive News)
    • Elon Musk Confirms Tesla Will Be Able to Stream Ne...
    • Jul 30, 2019
    • "Elon Musk in his tweets has confirmed that software update will allow Tesla vehicles to stream Netflix, Youtube, and other OTT services when not moving. A... View More
      "Elon Musk in his tweets has confirmed that software update will allow Tesla vehicles to stream Netflix, Youtube, and other OTT services when not moving. Although the future of OTT in the vehicle will be inevitable with self-driving cars but Tesla rolling out such services in its next software update will be first of its kind. This is another opportunity for automotive players and OTT players to partner and provide the right services to the consumer based on their need.  Elon Musk also said in his tweets that the Tesla Pickup truck will be unveiled in 2-3 months, this seems like an aggressive timeline. Tesla just sorted its production goals in 2019 for the current models S, 3 and X and now adding another model to the production line so quickly might create production delays again." - Shobhit Srivastava (Source: Automotive News)
    • The Privacy Panic over FaceApp
    • Jul 23, 2019
    • "One-off viral apps often enjoy this kind of hype. Although short-lived, such apps apparently get successful in collecting a considerable amount of user da... View More
      "One-off viral apps often enjoy this kind of hype. Although short-lived, such apps apparently get successful in collecting a considerable amount of user data. People always want to ride on the viral nature of these apps and end up disregarding any risk that could be associated with it. Growing markets like India are always breeding grounds for viral apps. In the absence of any sustainable business model for viral apps, the data collected can later be monetized which is a risk for users." - Tarun Pathak (Source: Yahoo News)
    • Reliance Jio Q1 Profit Jumps 46% YoY; ARPU Falls t...
    • Jul 23, 2019
    • "Reliance Jio's ARPU fell for the sixth straight quarter but the net profit increased 45.6% YoY. The average data usage per month stood at a record 11.... View More
      "Reliance Jio's ARPU fell for the sixth straight quarter but the net profit increased 45.6% YoY. The average data usage per month stood at a record 11.4 GB per month. With 331.3 million subscribers, it is now the second-largest operator in India. Going forward, we estimate that the demand for Reliance Jio will come from rural India which continues to grow in terms of Internet adoption. The long-term value packs and the upcoming festive season will keep the pressure on ARPU as Jio is heavily dependent on pre-paid subscribers." - Tarun Pathak (Source: Economic Times)
    • Crypto-Attacks Are Rising in Asia - AI May Be the ...
    • Jul 23, 2019
    • "UK-based cybersecurity start-up Darktrace detected a 78 per cent growth in the frequency of under-radar crypto-jacking threats and a total of 1,313 crypto... View More
      "UK-based cybersecurity start-up Darktrace detected a 78 per cent growth in the frequency of under-radar crypto-jacking threats and a total of 1,313 crypto-mining incidents across the world. Moreover, it observed a rise in crypto-mining attacks in the Asia-Pacific region – particularly in Singapore, Hong Kong and Australia, where cryptocurrency mining malware encounters were 17 percent more than the global average. We already mentioned in our IoT security blogs that Cryptojacking is going to be one of the biggest threats as smart devices have lesser to no security especially in smartphones, laptops and tablets. Hence, enslaving these devices is not that difficult for a hacker. Moreover, the attackers focus on cryptocurrency wallets rather than the whole system. To secure these devices, hardware security is the minimum criteria and then an AI prediction model can act as advanced." - Satyajit Sinha (Source: Business Insider)
    • Redmi and Its Budget Stigma
    • Jul 23, 2019
    • "Redmi has recently launched its flagship K20 and K20 pro in India, trying to increase its foothold in the affordable premium segment after the Pocophone. ... View More
      "Redmi has recently launched its flagship K20 and K20 pro in India, trying to increase its foothold in the affordable premium segment after the Pocophone. However, the brand is facing challenges due to pricing. Redmi has often associated with sub-US $150 price phones and K series is priced above US $300. Xiaomi has been constantly pivoting its marketing campaigns around low pricing and has established its image as a strong budget smartphone player. However, competition has also become very aggressive in this segment. Competitors like RealMe and OPPO have launched devices (RealMe X and OPPO K3) with similar design features like pop up camera under the US $250 that are giving a tough challenge to the value proposition of Redmi." - Varun Mishra (Source: Hindustan Times)
    • Huawei Overseas Shipment Fell over 40% Due to the ...
    • Jul 23, 2019
    • "Huawei's CEO recently said that the company’s overseas smartphone shipment plunged 40% due to the US trade sanction. Although the trade sanction... View More
      "Huawei's CEO recently said that the company’s overseas smartphone shipment plunged 40% due to the US trade sanction. Although the trade sanction is relaxed by the US allowing American companies to work with Huawei again, the recovery for Huawei will not be immediate. The growth rate in Europe for Huawei will decline and the company will have to win the trust of the consumers all over again. It is important for Huawei to gain lost share in the European market as it accounts for a significant part of the company's overseas shipments. It is also the region where most of Huawei's more expensive and higher-margin flagship smartphones are sold (outside of China)." -Shobhit Srivastava (Source: Engadget)

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