Technology Bulletin

    • LG Electronics to Shut South Korea Phone Plant, Mo...
    • Apr 30, 2019
    • "LG Electronics is relocating its mobile production facility in South Korea, and instead focusing on one of its plants in Haiphong, Vietnam. The company wi... View More
      "LG Electronics is relocating its mobile production facility in South Korea, and instead focusing on one of its plants in Haiphong, Vietnam. The company will relocate 750 workers from a smartphone manufacturing factory it is closing in Pyeongtaek to its home appliance plant in Changwon. Not only does LGE want to improve profitability amid a global slump in the smartphone business, but the company also wants to make its business more efficient as demand grows for new home appliances. As the competition with Chinese companies such as Huawei and Xiaomi is getting more intense in the smartphone market, LGE needs to seek ways to lower production costs and Vietnam can help with cheap labor and geographic benefits. However, most of all, it is time for LGE to focus on core competencies in new areas including smart home appliances and vehicle components through a reallocation of resources. Korea will continue to be the hub for its R&D, design and quality assurance for the future." - Liz Lee (Source: Reuters)
    • Apple to Develop a 5G Modem?
    • Apr 30, 2019
    • "Apple recently settled a long-term dispute with Qualcomm over royalty payments. Hours after the settlement, Intel announced that it was quitting the devel... View More
      "Apple recently settled a long-term dispute with Qualcomm over royalty payments. Hours after the settlement, Intel announced that it was quitting the development of cellular baseband for 5G. Since Apple is constantly trying to vertically integrate and having its own modem is the next target. For this, it has already started to hire ex-Intel employees. It will take around 6-8 years for Apple to develop and test its modem. Until then it had to strike a deal with Qualcomm for six years. Bringing in talent from Intel will add to Apple's arsenal for developing the modem business." - Parv Sharma (Source: Mobile World Live)
    • Samsung Has Indefinitely Postponed Its Much-Awaite...
    • Apr 30, 2019
    • "This is the second big debacle for Samsung after the Note 7. In the hyper-competitive smartphone segment, OEMs are under constant pressure to bring out ne... View More
      "This is the second big debacle for Samsung after the Note 7. In the hyper-competitive smartphone segment, OEMs are under constant pressure to bring out new features as fast as possible. This incident hints at a rushed product testing phase. On the other hand, Apple might bring some features later than competitors, but they are generally foolproof. Lately, Apple is lagging in design innovation. The dilemma of product quality versus time to market is always there, but it needs to be balanced out. A low-quality product dilutes brand equity. Huawei can leverage this opportunity now to roll out its foldable mate X to take the lead." - Varun Mishra (Source: GSM Arena)
    • Google's Parent Company Struggles with Mobile Clic...
    • Apr 30, 2019
    • "One of the key reason for the slow growth was due to the change in Ad products and slow YouTube growth. Additionally, in a mobile-first world the advertis... View More
      "One of the key reason for the slow growth was due to the change in Ad products and slow YouTube growth. Additionally, in a mobile-first world the advertisement revenue from PC is likely to decline. Google's other business, which includes hardware, also missed expectations due to the decline in Pixel sales. There are some positive indicators which can drive revenue in coming quarters. This includes Google Play's growth in APAC, strong initial momentum for home speaker lineup, refreshed Pixel line up at new price points, new monetization opportunities in Maps, and across Google's other bets."- Tarun Pathak (Source: NBC News)
    • China Urges UK Not to Discriminate Against Huawei ...
    • Apr 30, 2019
    • "Huawei has become high profile in the UK over the last few weeks, thanks to constant references to its potential role in the development of 5G networks, t... View More
      "Huawei has become high profile in the UK over the last few weeks, thanks to constant references to its potential role in the development of 5G networks, the US's urging that it should be banned, and leaks from a high-level government security committee that hit the headlines repeatedly over several days. The upshot is that Huawei's name is now much better known. Huawei is a pawn in a political struggle between the US and China, which is playing out among the US' intelligence allies. By influencing how other countries do or do not engage with Huawei, the US is leveraging its power in the negotiations. In the short term, additional publicity is proving positive for Huawei's business. However, there is the ever-present risk that it will suffer a ZTE-like limit on imports of US components and software - which would have a disastrous impact even if it is more vertically integrated than ZTE." - Peter Richardson (Source: Reuters)
    • China Electric Car Bubble About to Burst?
    • Apr 23, 2019
    • "The number of electric vehicle (EV) manufacturers in China has tripled over the last three years to reach 486. While EV sales in the country are expected ... View More
      "The number of electric vehicle (EV) manufacturers in China has tripled over the last three years to reach 486. While EV sales in the country are expected to cross 1.5 million this year, start-ups alone have a cumulative capacity of 3.9 million vehicles. EVs account for around 4% of total sales and have a huge long-term potential in China. However, given the increased supply, some players could face the challenge of under-utilized assets in the short-term." - Aman Madhok (Source: ET Auto)
    • Tata Technologies and Futuremove Automotive Sign M...
    • Apr 23, 2019
    • "This strategic relationship ties up FutureMove, China’s leading connected mobility technology provider, to Tata Technologies. It promises to develop... View More
      "This strategic relationship ties up FutureMove, China’s leading connected mobility technology provider, to Tata Technologies. It promises to develop for a wide range of innovative services for the Chinese automotive industry. More importantly, the tie-up allows FutureMove access to develop global markets, specifically in South East Asia and Asia-Pacific. With China’s auto industry stalling, mobility tech companies in the country are urgently seeking ready entry into other markets to recover growth." - Vinay Piparsania (Source: ET Auto)
    • Sony Launches S.Ride Taxi-Hailing Service in Tokyo...
    • Apr 23, 2019
    • "Sony has launched its S.Ride service (a Joint Venture) in Tokyo with a fleet size of over 10,000 cars. The LINE app had earlier launched a ride-hailing ap... View More
      "Sony has launched its S.Ride service (a Joint Venture) in Tokyo with a fleet size of over 10,000 cars. The LINE app had earlier launched a ride-hailing app which shut down last year. In Japan, UBER does not have a major presence currently and is exploring partnership options. If this succeeds, it could be an early indicator of the fact that behemoths can very easily launch successful services that are on par, or even better than competitors in their home country. Brand recognition and trust play a dominant role in customer choices." - Alex Mathew (Source: The Verge)
    • Softbank, Toyota and Denso Putting $1 Billion Towa...
    • Apr 23, 2019
    • "With its IPO around the corner, Uber is restructuring its loss-making Autonomous Technology Group(ATG). This is being done to avoid the tough questions on... View More
      "With its IPO around the corner, Uber is restructuring its loss-making Autonomous Technology Group(ATG). This is being done to avoid the tough questions on ATG dragging the broader company’s profitability down. As a targeted investment, ATG will answer to its board, made up of representatives from SoftBank and Toyota, with Uber maintaining majority control. Uber’s self-driving cars are valued at US$7.25 billion, based on the US$667 million investment from Toyota and Denso as well as SoftBank’s US$333 million investment. Hyped as the most anticipated IPO this year, Uber is clearly taking all efforts to raise its valuation in the weeks ahead." - Vinay Piparsania (Source: NY Times)
    • China Builds Site to Test Autonomous Vehicles
    • Apr 23, 2019
    • "China is catching up fast with other countries (like the US) with cities like Shenzhen and Beijing introducing laws for autonomous vehicle testing. The Na... View More
      "China is catching up fast with other countries (like the US) with cities like Shenzhen and Beijing introducing laws for autonomous vehicle testing. The National Development and Reform Commission in its three-year plan has put the development of smart vehicles as a national priority. Autonomous vehicles are also likely to benefit from ‘Made in China – 2025’ plan. Growing government support and evolving infrastructure would encourage partnerships and local start-ups to join big companies. International companies will also shift their base to China (to build local solutions given the huge potential) with a developing ecosystem and government support. Pony.ai and JingChi moved their headquarters from Silicon Valley to Guangzhou last year." - Aman Madhok (Source: BNN Bloomberg)

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