Nokia shares fell by nearly 5 percent on Thursday in Helsinki as analysts warned a legal battle with Apple could delay for years royalty payments that are vital to shoring up the Finnish company’s profits.
Nokia’s patent licence contract with Apple expires at the end of the year. This week, both sides have taken legal action – with Nokia accusing Apple of violating some technology patents and Apple complaining of being overcharged – suggesting a new deal will be hard to agree.
Nokia filed further complaints against Apple on Thursday, saying it had now filed 40 patents suits in 11 countries covering technologies such as displays, software and chipsets.
“Nokia has created or contributed to many of the fundamental technologies used in today’s mobile devices, including Apple products. After several years of negotiations trying to reach agreement to cover Apple’s use of these patents, we are now taking action to defend our rights”, ” Ilkka Rahnasto, head of Nokia patent business said in a statement.
Patent royalties represent a sliver of Nokia’s overall revenue, more than 90 percent of which comes from sales of telecom network equipment. But the licensing payments are highly profitable at a time when the network business is suffering an industry-wide slump.
“Nokia will likely be granted a better licence deal from Apple. But because of the dispute, it could take years to reach a new contract, and royalties will likely come (as) retrospective one-time payments,” said Inderes analyst Mikael Rautanen, who has an “accumulate” rating on Nokia shares.
Once the world’s dominant cellphone maker, Nokia sold its handset business to Microsoft in 2014 and focused on its network business as well as a bulging portfolio of mobile device patents.
Wells Fargo Securities analyst Maynard Um, who follows both companies, said the lawsuits were negative for Apple and Nokia due to litigation costs and uncertainty over the outcome.
“The fact that this did not go to arbitration suggests, to us, that the two sides must be far apart in what each party wants,” he wrote in a note to clients.
“It appears (Apple) is not arguing the validity of the patents but, rather, the rate it deems fair,” he said, adding Nokia could also “choose to file a suit with the International Trade Commission (ITC) to bar Apple from importing handsets into the US.” Um rates both companies’ shares as “market perform”.
Nokia’s patents cover technology that reduces the need for hardware components in a phone, conserves battery life, increases radio reception, helps in recovering lost phones and enables voice recognition, among other features.
The Finnish firm has forecast the run-rate of its patent and brand licensing sales will be about EUR 950 million ($994 million or roughly Rs. 6,449 crores) by the end of 2016, but that it will fall to about 800 million after the Apple deal expires, in the absence of a new one.
Nokia’s total sales in 2016 are expected to top EUR 24 billion (roughly Rs. 162,890 crores).
Its shares in Helsinki closed at EUR 4.5, and are down some 30 percent since the start of 2016. In New York Nokia shares traded down 0.6 percent at 4.73 dollars.
After the successful launch of the top-end Mi MIX concept smartphone with 6.4-inch display, Xiaomi seems to be working on a mini-flagship called Mi S, featuring a 4.6-inch screen. The rumoured Xiaomi Mi S is said to sport the top-end Snapdragon 821 chipset and 4GB of RAM.
The Xiaomi Mi S smartphone, as per renders leaked on Weibo, is under development at present, reports AndroidPure. Even though the authenticity of the Xiaomi Mi S leak remains to be verified, the renders on the Chinese website provide detailed hardware specifications of the smartphone.
The 4.6-inch display of the Xiaomi Mi S smartphone is reportedly complemented by full-HD (1080×1920 pixels) resolution. The Snapdragon 821 SoC coupled with 4GB of RAM are likely to make the Mi S smartphone a capable performer.
In terms of optics, Xiaomi Mi S is expected to sport a 12-megapixel Sony IMX378 rear camera and a 4-megapixel camera at front for taking selfies. The device is tipped to house a 2600mAh battery tagged with support for quick charge. Xiaomi Mi S has been tipped to be 8.2 mm thick and weigh 138 grams. In terms of connectivity options, the Mi S is expected to offer NFC, USB Type-C port, and a 3.5 mm audio jack.
There is a very good chance that the current name Xiaomi Mi S name may be a codename and the phone can eventually be called something else altogether. As we advise you to do with every leak, take this leaks with a pinch of salt until an actual announcement by Xiaomi.
The Zuk Edge smartphone, which had been teased by Lenovo for a while now, has been finally launched in the Chinese market. The new Zuk Edge smartphone will go on sale from January 1 in China, and has been priced at CNY 2,299 (roughly Rs. 22,500) for the 4GB of LPDDR4 RAM variant, and CNY 2,499 (roughly Rs. 24,500) for the 6GB of LPDDR4 RAM variant. The latest Zuk smartphone will be made available in Ceramic White and Titanium Crystal Black colour variants.
The main highlight of the Zuk Edge is its 2.35GHz quad-core Qualcomm Snapdragon 821 SoC, apart from its 5.5-inch full-HD TDDI display with Corning Gorilla Glass that supposedly has an 86.4 percent screen-to-body ratio, its USB Type-C (v3.1) port, its under-glass U Touch fingerprint sensor (that can unlock in as little as 0.09 seconds), and its built-in blood oxygen heart rate sensor. Other interesting additions in Lenovo’d Zuk Edge include a pneumatic altimeter and a UV light sensor.
The dual-SIM (Nano-SIM) Zuk Edge runs Android 7.0 Nougat-based ZUI 2.5. As for optics, the new Zuk Edge smartphone bears a 13-megapixel rear camera with a 1.34-micron pixel Samsung ISOCELL sensor, an f/2.2 aperture, PDAF+CAF hybrid autofocus, and a high-brightness flash. On the front, it bears an 8-megapixel camera with a 1.12-micron pixel sensor, and an f/2.2 aperture. Inbuilt storage of Zuk Edge is 64GB, which is not expandable via microSD card.
Connectivity options onboard the Zuk Edge include 4G LTE (with support for Indian LTE bands), Wi-Fi 802.11ac, Bluetooth v4.1, and GPS/ A-GPS. The Zuk Edge bears 3100mAh battery, measures 142.9×74.5×7.68mm and weighs 160 grams. Other sensors on board include an accelerometer, ambient light sensor, gyroscope, magnetometer, and proximity sensor
California-based Blu Products has launched a new smartphone to its Life series – the Blu Life Max. The Blue Life Max is a budget smartphone that comes with a large 3700mAh battery as its biggest highlight. The smartphone will be available in the US via Blu’s official retail partner, Amazon at a decent price of $118.87 (roughly Rs. 8,000) for the unlocked version. For now, the smartphone is ‘temporarily out of stock’ without any information regarding its arrival on the Amazon. The Blu Life Max is only available in Dark Blue colour, and works on AT&T, T-Mobile, Cricket, MetroPCS, and Straight Talk, amongst other carriers.
The dual SIM (Micro-SIM) supporting Blu Life Max runs Android 6.0 Marshmallow out-of-the-box. The Blu Life Max is powered by a quad-core MediaTek 6737 CPU clocked at 1.3GHz, and houses a Mali T-720 GPU for the graphics. It packs 2GB of RAM under the hood. The Blu Life Max has a 5.5-inch HD (720×1280) IPS display with ‘Blu Infinite View’ – that’s actually the curved glass around the corners of the smartphone – and a resolution of 267 ppi.
For photography, Blu Life Max sports an 8-megapixel autofocus rear camera with full-HD video recording capability. The front-facing camera is a 5-megapixel shooter, and both the cameras come with flash modules. The Blu Life Max also offers a fingerprint scanner sitting right below the rear camera. The Blu Life Max also offers an inbuilt storage of 8GB, which is expandable via a microSD card (up to 16GB).
The Blu Life Max packs a 3700mAh battery that is rated to last up to 3 days with standard usage. Connectivity options in the Blu Life Max include 4G LTE, GPRS/ Edge, Bluetooth, Wi-Fi, and GPS. The smartphone measures 154.5×77.1×8.7mm.
Apple Inc is in talks with India’s government to explore making products locally, the Wall Street Journal reported on Tuesday, as the US firm aims to make deeper inroads in the world’s second-largest mobile phone market by users.
Prime Minister Narendra Modi is trying to boost technology manufacturing in the country through his ‘Make in India’ initiative. His government in June exempted foreign retailers for three years from a requirement to locally source 30 percent of goods sold in their stores.
The Journal said Apple, in a letter to the federal government in November, outlined manufacturing plans and asked for financial incentives.
(Also see: Apple CEO Tim Cook Discusses India Manufacturing, Retail Plans With PM Modi)
Government representatives were not available to comment while an Apple spokesman in India did not immediately respond to an email from Reuters seeking comment.
Local manufacturing would help Apple open retail stores in the country where its iPhones account for less than 2 percent of Indian smartphones sales.
Taiwan’s Hon Hai Precision Industry Co Ltd (Foxconn), which makes Apple devices such as iPhones and iPads, has a manufacturing facility in southern India.
Zen Mobile on Tuesday launched the Cinemax Click in India, a 4G VoLTE-capable smartphone priced at Rs. 6,190. The company says the smartphone will be available with online and offline retailers, and comes bundled with a Reliance Jio SIM with access to the Jio Happy New Year Offer. Zen Mobile is also bundling a protection kit and one-time screen replacement within the first six months.
The dual-SIM Zen Cinemax Click runs Android 6.0 Marshmallow and sports a 5.5-inch HD (720×1280 pixels) OnCell display. The smartphone is powered by a 64-bit 1.3GHz quad-core processor (unspecified) coupled with 1GB of RAM. As for optics, the smartphone bears an 8-megapixel rear autofocus camera with flash, apart from a 5-megapixel front-camera.
The Cinemax Click comes with 8GB of inbuilt storage that’s expandable via microSD card (up to 32GB) and features regular connectivity options like Wi-Fi 802.11 b/g/n and Bluetooth, apart from 4G VoLTE support. The smartphone is powered by a 2700mAh battery that’s rated to deliver up to 30 hours of standby time. Other features of the Zen Cinemax Click include the Swalekh multi-lingual keyboard with support for for 20 regional languages, including Hindi, Gujarati, Marathi, Punjabi, Tamil, Telugu, and Urdu. The smartphone comes preloaded with Saavn, Zen AppCloud, and Zen Game Store apps, and the company is also touting a mobile tracking and special screenshot features for users.
Announcing the launch, Sanjay Kalirona, CEO, Zen Mobile, said, “The launch of Cinemax Click further strengthens our 4G VoLTE portfolio in India. At Zen Mobile, we are constantly working towards offering consumers with feature rich, value for money smartphones, while at the same time helping them live a seamless digital life. Cinemax Click will be available to customers with Jio 4G Happy New Year offer and esp. launch benefits of free protection gear and one time screen replacement in case of any breakage during first 6 months. We will continue to focus on our presence in Tier II and Tier III cities in India to help every Indian embrace the Digital movement.”
LeEco in collaboration with Coolpad are swiftly coming out with affordable high-end smartphones. After launching their first joint handset, the Cool1 Dual in August and their second device, the Cool Changer 1C, in late November, the two companies have jointly launched their third smartphone, the Cool S1, in China. The Cool S1 priced at CNY 2,499 (roughly Rs. 24,360) for the 4GB/32GB variant, CNY 2,699 for the 6GB/64GB option, and CNY 3,199 for the 6GB/128GB option.
The Cool S1 features a metal body with a design language that looks very similar to the LeEco Le Pro 3. The device features two front-facing speakers with Harman’s Clari-Fi audio enhancing technology. The handset ditches the 3.5mm headphone jack and instead comes with a USB Type-C headset. The fingerprint sensor falls just below the rear camera module.
The specifications of the Cool S1 are on par with the leaked TENAA listing that was spotted in November. It features a a 5.5-inch 1080p display powered by a 2.35GHz Snapdragon 821 coupled with 4GB/ 6GB RAM options. As mentioned earlier, the smartphone is being offered in 32GB, 64GB, and 128GB storage options.The Cool S1 runs LeEco’s EUI 5.8 based on Android 6.0 Marshmallow with dual-SIM support. The handset sports a 16-megapixel rear camera with PDAF, 4K recording and Dual-LED flash, and an 8-megapixel front-facing camera.
The Cool S1 measures 151.4×74.7×7.5mm and weighs 168 grams. Connectivity options include 4G, Wi-Fi 802.11 a/b/g/n/ac, Bluetooth 4.1, OTG, and USB Type-C support. The device is fitted with a 4070mAh battery pack that supports Quick Charge 3.0.
As of now, the Cool S1 is only available in China and there is no word yet on whether the ‘Cool’ series will hit the Indian market.
Xiaomi introduced its 20000mAh Mi Power Bank late last year, which was launched in India earlier this year. The Chinese manufacturer on Friday launched an updated version of the 20000mAh Mi Power Bank which is priced at CNY 149 (roughly Rs. 1,451) and is available in White. The new power bank could be Xiaomi’s last product for the year, which will go on sale starting December 19.
The new 20000mAh Mi Power Bank is similar to the previous version in terms of look and feel, going with the same ABS plastic body instead of an aluminium body seen in Xiaomi’s other power banks. However, there are some changes to the dimensions of the new version. The new power bank measures 135.5×67.6×23.9mm making it more compact but slightly thicker than its predecessor.
On the inside, the 20000mAh Mi Power Bank comes with a high density lithium-polymer batteries with support for Qualcomm Quick Charge 3.0 and two-way fast charging. The power bank offers two USB ports with 5.1V / 3.6A rating for two connected devices and supports 5V/2.4A-9V/2A-12V/1.5A. The power bank will charge most phones, tablets and even supports the latest Apple MacBook.
There is no word yet as to when Xiaomi will launch the new 20000mAh Mi Power Bank globally and in India.
After launching the Ultra50 in October, Videocon expanded its 4G lineup on Friday after announcing the launch of the Ultra30 smartphone in India. Much like the Ultra50, the Ultra30’s VoLTE support and a large battery pack are its key highlights. The Videocon Ultra30 smartphone has been given a ‘special introductory price’ of Rs. 8,590, and is available exclusively on Snapdeal in a Blue Gold colour variant.
The 4G-enabled Ultra30 runs Android 6.0 Marshmallow and is similar to the Ultra50 in terms of specifications. The smartphone features a 5-inch (720×1280) HD IPS display with MiraVision and DragontrailX 2.5D curved glass. The device is powered by a 64-bit 1.3GHz quad-core MediaTek processor coupled with 32GB of inbuilt storage, which is expandable via microSD card (up to 64GB).
The dual-SIM Videocon Ultra30 smartphone packs a fairly large 4000mAh battery with fast charging. On the camera front, the smartphone features a 13-megapixel rear camera with dual-LED flash, PDAF, and Gorilla Glass lens, and a 5-megapixel front-facing camera with LED flash for low-light selfies. Videocon says the rear camera comes with a Smart Wide Dynamic View (SWDR) and ISOCELL technology “to enable wide angled panoramic shots” and sharp images in low light conditions.The Videocon Ultra30 comes with the usual connectivity features which include 4G VoLTE, Wi-Fi 802.11 b/g/n, Bluetooth 4.0, GPS, and FM radio. Some added features include dual WhatsApp, SOS-be-safe and gesture controls, among others. It measures 144×73.8×9.8mm, and weighs 166.5 grams.
Speaking on the launch, Akshay Dhoot, Head of Technology & Innovation, Videocon, said, “With the launch Ultra30 today, Videocon Smartphone continues to be a brand that constantly innovates in order to offer best in line smartphones. It has been our endeavour to stay ahead and lead the constantly changing.”
Those who opened Flipkart today were greeted by a huge banner for the sale of the OnePlus 3 smartphone during the company’s upcoming Big Shopping Days sale, which kicks off on Sunday. Interestingly, the banner contained hugely discounted pricing for the OnePlus 3 of under Rs. 20,000. This comes as a big surprise, considering the Chinese brand exclusively sells its smartphones via Amazon India in the country. OnePlus Co-Founder Carl Pei expressed his surprise as well, in a tweet questioning how Flipkart is planning on selling the smartphone.
As we mentioned, the OnePlus 3 sale on Flipkart was, in fact, a surprise for OnePlus Co-Founder Carl Pei too, who tweeted to the Indian e-commerce company’s Executive Chairman and Co-Founder Sachin Bansal, saying “What’s this? We’re exclusive with Amazon.”
There has been no response to Pei’s tweet from Bansal or Flipkart yet.
On the matter, Flipkart in a statement to Gadgets 360 said, “Flipkart is a marketplace which helps sellers connect with customers across the country. All our sellers are mandated to adhere to stringent guidelines. The prices and discounts for all our sales are decided by the participating sellers and brands”This is obviously a vague statement that does not address any of the concerns being raised by the OnePlus co-founder. Flipkart is claiming that it has no control over its platform, its huge banner displays, or its social media channels.
OnePlus said on the matter, “We have an exclusive partnership with Amazon in India. We advice customers to purchase OnePlus products only through official channels as we cannot guarantee the authenticity of the products sold elsewhere.”
For now, it seems that OnePlus 3 will be sold on Flipkart by third-party sellers, but will not carry the official warranty, and may not be authentic since it has been not been acquired from official channels.
An Amazon spokesperson reiterated the company’s partnership with OnePlus and told Gadgets 360, “Amazon.in has an exclusive partnership with OnePlus brand since December 2014. We are excited to be the partner of choice for OnePlus through 2017 as well.”
As we mentioned, the price tag mentioned in teaser image suggested that the OnePlus 3 will be priced under Rs. 20,000 on Flipkart, against its Amazon price of Rs. 27,999.
On Flipkart’s OnePlus 3 landing page, the 64GB Soft Gold model is listed as coming soon, and priced at Rs. 27,999, so the sub-Rs. 20,000 price tag mentioned in the teaser is likely to be the cost after cashbacks and exchange discounts. Flipkart has not mentioned when the smartphone will be launched on its platform.
The OnePlus 3, which we found to be a pretty good smartphone, has been upended by the launch of its successor OnePlus 3T (Review) just months after its release. The new smartphone brings a host of improvements, such as faster processor, better front camera, and bigger battery, and costs just Rs. 2,000 more. On the other hand, the OnePlus 3T 128GB variant is priced at Rs. 34,999.
With the OnePlus 3T launch, there were some questions about whether the OnePlus 3 will be discontinued in India, as it has been in the US and European markets. However, a company official has told Gadgets 360 that it plans to keep selling the OnePlus 3 in the country, though the focus will shift to OnePlus 3T.