The international trade secretary says it would be a “calamitous” breach of trust with voters.
Amidst increasing hype about foldable displays, Xiaomi has revealed that it is also working on its own flexible phone.
The Chinese mobile maker broke the news with a teaser video posted on Weibo that shows Xiaomi president and co-founder Lin Bin using what at first looks like a normal tablet device, until he folds back both sides of the display so that it resembles a distinctly phone-like form factor.
The physical power button is positioned centrally at the top of the device when in landscape orientation, which places it in a convenient side-mounted location when in phone mode. In another neat touch, the size and orientation of the user interface automatically adjusts in order to conform to the new dimensions of the display.
In a message accompanying the post, Bin wrote that the device is the result of the company overcoming technical challenges relating to folding displays, foldable hinges, flexible covers, and UI adaptation.
Bin admitted that what he hopes will become “the world’s first dual-folding phone” is still just a prototype at this stage, but said that the company will consider mass producing it if the response from consumers is positive. He also floated two possible names for the phone – the Mi Dual Flex and the Mi MIX Flex – although he said Xiaomi is also open to suggestions from the public.
Last year, Samsung showed off its new Infinity Flex display technology in a device that features a 7.3-inch flexible display that can be folded in half. The company said it had developed an advanced composite polymer that’s “flexible and tough” to replace the glass that’s usually used as a display cover in smartphones.
Samsung is expected to formally announce its first commercially available foldable phone during its Galaxy S10 event on February 20 in San Francisco, California.
Rumors that Apple is developing an iPhone with a foldable display stretch back to December 2016, when it was reported that LG’s display division would begin mass-producing foldable displays for smartphones as early as 2018. Apple was said to have chosen to work with LG Display and not Samsung out of fears that Samsung could get ahold of the sensitive tech.
LG is said to have created a dedicated task force to start developing a foldable OLED display for a future iPhone, while its siser company LG Innotek has a team developing a rigid flexible printed circuit board or (RFPCB) to go along with it.
LG has shown off several foldable display prototypes over recent years, including one that folds over like a book and a second that rolls up much like a newspaper.
This article, "Xiaomi Reveals Dual-Folding Flexible Phone in Teaser Video" first appeared on MacRumors.com
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Lucas Pouille reaches his first Grand Slam semi-final with a 7-6 (7-4) 6-3 6-7 (2-7) 6-4 win over Milos Raonic at the Australian Open.
Groww, a startup hoping to make saving and investment opportunities more widely available to young people in India, has closed a $6.2 million Series A to grow its business.
Founded in 2017, the Bengaluru-based company was part of Y Combinator in the U.S. last year and it went on to raise a $1.6 million “pre-Series A” round in June of last year. Groww was started by four ex-Flipkart staffers — Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal — who realized how difficult investing in India is, particularly among young people.
This new money is led by Sequoia India with participation from Y Combinator, Propel Venture Partners and Kauffman Fellows. The company also counts Singapore’s Insignia Ventures Partners, Lightbridge Partners and Kairos among its backers.
Groww lets its users invest in mutual funds, including systematic investment planning (SIP) and equity-linked savings scheme. It claims over one million registered users, most of whom are aged under 40 and mobile-first, according to the company. Currently on Android only, it offers over 5,000 mutual funds which can be invested in directly from its app.
Keshre, who is Groww’s CEO and previously led Flipkart’s logistics platform, told TechCrunch that the new money will be spent on hiring and developing tech to support the launch of new products. That could include direct investments and ETFs while, further down the line, Keshre said there’s an ambition to offer insurance and more.
“We’re used across India not just in metros,” Keshre said in an interview. “Our users are spread across all the major cities… [they’re] working-class, young millennials straight across India.”
Keshre said the focus is on keeping the app and its design simple but, like Robinhood in the U.S, he said that the broader goal is to democratize investing, particularly among younger segments of the population in India. For now, he added, there is no plan to venture overseas since Groww is just scratching the surface of what it could become in India.
“There are 200 million people with investable income in India, but only 20 million investors. The only way to bring the next 180 million onboard is by making investing simple,” he said in a statement.
The marked vehicle was responding to a call about a man threatening members of the public.