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Xiaomi plans to venture into the electric car business with $10 billion dollars
Xiaomi has confirmed that they are entering the electric car business. In a press statement, Xiaomi said that they will establish a wholly-owned subsidiary to be responsible for the smart electric car business. The initial investment is RMB 10 billion, and the investment is expected to be USD 10 billion in the next 10 years.
Mr. Lei Jun, the CEO of the Group, will concurrently serve as the CEO of the smart electric car business. Lei Jun, Chairman and CEO of Xiaomi Group, has earlier mentioned that Xiaomi has a big project coming and has prepared 10 billion U.S. dollars for it. He made this statement on Xu Zhiyuan’s dialogue column.
Lei Jun also said that this information is still in talks and will shade more light on it during a press conference tonight. If you don’t know, Xiaomi has another event scheduled today where they will likely unveil the new Mi Mix smartphone. This is not the first time we are hearing about Xiaomi joining the electric car business.
Bloomberg has earlier reported that Xiaomi plans to spend 10 billion US dollars to enter the field of electric vehicles. We are confident that Xiaomi has enough capital to venture into this business. Statistics from 2020 shows that Xiaomi shipped 146 million mobile phones in 2020, with annual revenue of 245.9 billion yuan, and cash reserves of more than 100 billion yuan.
The Samsung Galaxy M22 budget smartphone has been unveiled in Germany. It comes with a square-shaped camera module at the rear and a ‘U’ notch display. The display measures 6.4 inches with a resolution of 720 x 1600 pixels.
It is a Super AMOLED panel with a 90Hz refresh rate. Under the hood, it is powered by the MediaTek Helio G80 chipset that has an octa-core processor clocked at 2.0GHz. The phone has 4GB RAM and 128GB ROM.
There is a memory card slot for expansion up to 1TB. The main camera is 48-megapixels with f/2.0 aperture, there is 8-megapixels ultra-wide with f/2.2 aperture, 2-megapixels macro sensor with f/2.4 aperture, and a 2-megapixel depth sensor with f/2.4 aperture.
On the front, it has a 13-megapixel selfie camera with an f/2.2 aperture. Both the front and the back camera can record videos in 1080p@30fps. It has a side-mounted fingerprint scanner and the battery capacity is 5000mAh which supports 25W fast charging.
- See Samsung Galaxy M22 specs in detail
Samsung has not revealed the price of the Galaxy M22 but we expect it to be priced at $235, similar to the Galaxy M12.
Tecno is preparing for the Camon 18 series launch. The series is expected to debut this month or early October. Ahead of the launch, Gizmochina has shared the renders of the upcoming Camon 18. The Camon 18 appears to have a triple camera setup at the rear with a quad flash.
It has a classy-chrome inspired colour finish which looks attractive. From the camera module, we can see that the smartphone will come with a 60X zoom capability. The cameras on the rear will have f/1.6 to f/3.5 aperture and lens between 16-135mm.
The phone will also have a side-mounted fingerprint scanner on the right spine. The front of the display wasn’t shared so we cannot ascertain the type of display it will be using, whether a punch-hole or a pill-shaped display.
Specs of Tecno Camon 18 Premier
The specs of the Camon 18 Premier was previously tipped. It is said to come with a 108MP main camera. There will be an ultra-wide lens and a telephoto lens. On the front, it will come with a 6.8-inch AMOLED display with a Full HD+ resolution and a 120Hz refresh rate.
There will be 8GB RAM and 256GB internal storage. A micro SD card slot will be available should you wish to expand the storage. It will be powered by the MediaTek Helio G96 chipset, paired with Android 11 OS based on HIOS 8 user interface.
It is said to arrive with a 5000mAh battery that charges under 55 minutes, thanks to the 40W charging support. The Camon 18 Premier is expected to have a 32MP selfie camera.
Infinix has finally unveiled its all-new Zero X series smartphone which include the Zero X Neo, Zero X, and the Zero X Pro. These are the first smartphones from the company to come with 5X optical and 60X digital zoom lenses.
They are also the first to come with a 120Hz screen refresh rate and 240Hz touch sampling rate. The Zero X and the Zero Pro has almost the same specifications but differs in primary camera.
The Zero X Pro comes with a 108-megapixel main camera with optical image stabilisation while the Zero X comes with a 64-megapixels main camera with optical image stabilisation. Aside from these, the rest of the specifications are the same.
Specs of the Infinix Zero X and the Zero X Pro
These two smartphones come with a 6.67-inch AMOLED with a resolution of 1080 x 2400 pixels and a 120Hz refresh rate with 700 nits peak brightness. Under the hood, they are powered by the MediaTek Helio G95 chipset, paired with 8GB RAM and 128GB ROM.
There is a micro-SD slot for storage extension up to 512GB. They run on the Android 11 operating system based on XOS 7.6 user interface. In terms of camera, we have mentioned the primary cameras of the phones above so the rest of the camera includes 8-megapixels ultra-wide (also acts as a macro sensor) and an 8-megapixels periscope telephoto lens.
On the front, they have a 16-megapixels selfie camera with dual flash. They use an under-display fingerprint sensor and what is keeping the light on is a 4500mAh battery capacity that supports 45W fast charging.
Infinix revealed that the 45W charger can take the device from 0% to 40% in 15 minutes. They also revealed that the phone will receive an OTA update later which will come with Memory Fusion technology that virtually takes 3GB from the internal storage of the phone and adds it to the RAM to improve efficiency.
For gamers, the company revealed that the Zero X series has a heat pipe thermal module 2.0.3 that disperses heat when gaming.
- See Infinix Zero X Pro specs and Infinix Zero X specs in full.
Specifications of Zero X Neo
The Infinix Zero X Neo comes with a bigger 6.78-inch display but it is an IPS LCD panel with a 90Hz refresh rate and a resolution of 1080 x 2460 pixels. It is still powered by the MediaTek Helio G95 chipset, paired with 8GB RAM and 128GB ROM.
It comes with a 48-megapixels main camera, 8-megapixels telephoto lens, and 2-megapixels depth sensor. On the front, it has a 16-megapixels selfie camera. What is keeping the light on is a 5000mAh battery that supports 18W fast charging.
- See Infinix Zero X Neo specs in full.
Infinix has not yet revealed the prices of the smartphones but it may be priced similar to the Phantom X which is $555.
