The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
The smartphones sales in China is soaring. Specifically the Android based phones. But there is a catch! 70 percent of phones sold in China are Chinese-branded. China is increasingly turning away from Samsung and Apple, and instead embracing very low-cost Android phones by Chinese companies such as Xiaomi, HUAWEI or ZTE.
The total mobile phones sales in November were 24.59 million, out of which 11.65 mn were through telecom operators.
One of the reason why China-made mobile phones take more domestic market share is the price. Many kinds of domestic mobile phone were sold very cheap such as Xiaomi, HUAWEI or ZTE. In China, many consumers especially people from smaller towns or countryside like to look for smartphones that cost 1,500 yuan ($240) or less. They are opting for local brands over international counterparts. Samsung, which has a market share of 15.5 percent, remained the champion in China’s mobile phone market in November, and it was followed by Lenovo, Coolpad, Huawei, ZTE, Nokia, Gionee, K-Touch, Apple and HTC. (6 China brands, 1 Taiwanese brand and 3 global brands). (link)
This is surely a problem for Apple, as it loses out not only in terms of phone market share but also the OS share. Samsung will also be impacted heavily, although it seems that amongst non-Chinese manufacturers, Samsung stands tallest.
In all this, Google stands to gain handsomely, as it is only concerned with its footprint, which provides it the vehicle for its ad-based revenues.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
Rare Earth Elements (REE) will change and rule the world as oil did in the last century. China dominates that industry like no other. And it uses that monopoly to beat down on its adversaries.
The Jia Tan incident unveiled a a stealthy Backdoor in XZ Utils Exposed Severe Global Cybersecurity Risks in the Open-Source ecosystem's vulnerabilities.
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