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Leading telecommunication company Vodacom Tanzania Plc (www.Vodacom.co.tz) and Smart Lab have today launched “Vodacom Digital Accelerator,” a program that intends to help early-stage and growth-stage technology startups become profitable and revenue generating businesses.

 

The new program which will run yearly aims at identifying and supporting startup entrepreneurs in mobile, telecom, fintech, media, health, education, and e-commerce will have three phases which include application, selection and acceleration.

 

 

Speaking at the launch event, Vodacom Tanzania Plc’s Managing Director Hisham Hendi said that the partnership between Vodacom Tanzania and Smartcodes is a crucial move towards providing opportunities to startup businesses via technological paths which will result into workable business models which will benefit communities, especially scores of youth across the country. He encouraged more youth to be innovative and take advantage of this opportunity as a path to economic empowerment through solving social developmental issues in their communities.

 

 

“Vodacom always aims to create impactful sustainable change in the society where we operate in line with our strategic business focus and, the Vodacom Accelerator aims to do just that,” he added.

He further elaborated that as a company which aims at taking Tanzanians into the digital world, Vodacom Tanzania encourages technology driven ideas that bring sustainable change.

 

 

“Digital technology is not only changing the way we do business in Africa but also revolutionizing the way we perceive and solve issues of development. It is therefore with great honor that we will once again create an opportunity for such ideas to be recognized, supported and transformed to maximize social impact”, he said.

 

 

He also added, “Vodacom has partnered with Smart Lab, a well-known innovation hub that aims to bring tangible results that will disrupt the innovation eco-system. So, this will be an opportunity for startups and innovators in the selected criteria to showcase their products and also gain from the platform including exclusive partnership deals with Vodacom, mentorship, technical assistance, marketing and exposure to Vodacom and Smart Lab’s large network of partners and finally customers to test and experience their solutions’.

 

 

Smart Codes Chief Executive Officer Edwin Bruno shared his excitement for the new program saying that, “we are excited to be part of the “Vodacom Accelerator” and together with Vodacom we hope to create a brand building platform for the tech savvy youth. This program is in line with our corporate strategy to drive messaging around youth support in the digital age and we are grateful for Vodacom Tanzania who saw the need to create the next round of success stories for African entrepreneurs building fast-growing technology companies coming from within the country.”

 

 

He detailed that “the innovation community has mushroomed in Tanzania from just a handful of hubs in 2011 to more than 45 in 2019 but there has been a slower involvement from the corporate side whereas Vodacom in this partnership with Smart Lab will lead in bridging that gap. We look forward to a tech-evolved-future for Tanzania that is full of disruptive solutions which will positively impact the coming generations.”

 

 

Vodacom’s director of Corporate Affairs Rosalynn Mworia said Vodacom is investing more than 150,000 dollars into the accelerator program which will go towards educating and empowering Tanzania‘s youth.

 

 

During the program which also aims at leveraging corporate resources, networks, mentors, and partners, participants will present their progress to a panel of investors and associates at the end of a 3-month acceleration period from which winners will get further support from Vodacom Tanzania Plc, Smart Lab, and partners for an added period of 6 months.

 

 

Vodacom is leading in the evolution of the fintech sector in Tanzania which is one of the fastest growing sectors on the continent with technology increasingly defining the day-to-day running of businesses and services.

 

 

The launch was also attended by other stakeholders from government, investor community, innovation hubs, financial institutions, corporates, startups, university professors, development partners, embassies and key players in the technology and innovation community.

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Apple unveils Apple Watch Series 5

Posted by radio On September - 10 - 2019 ADD COMMENTS
Apple today announced Apple Watch Series 5, debuting an Always-On Retina display that never sleeps, so it’s easy to see the time and other important information, without raising or tapping the display. New location features, from a built-in compass to current elevation, help users better navigate their day, while international emergency calling1 allows customers to call emergency services directly from Apple Watch in over 150 countries, even without iPhone nearby.
Apple Watch Series 5 is available in a wider range of materials, including aluminium, stainless steel, ceramic and an all-new titanium. Combined with the power of watchOS 6, users are empowered to take charge of their health and fitness with new features like Cycle Tracking, the Noise app and Activity Trends.
“We’ve seen Apple Watch have a meaningful impact on our customers’ lives and we’re excited to deliver even more capabilities with Apple Watch Series 5 and watchOS 6,” said Jeff Williams, Apple’s chief operating officer. “The seamless integration of new hardware and software delivers an enhanced experience that makes it even easier to stay active and connected to the people and information users care about.”
Starting today, Apple Watch Series 5 (GPS) is available to order in 41 countries and regions and Apple Watch Series 5 (GPS + Cellular) is available to order in 22 countries and regions. Both models will be available in stores beginning Friday, September 20.

Always-On Retina Display

Apple Watch Series 5 features an innovative new display that allows the time and important information to remain visible at all times. Each watch face has been carefully optimised for the new display and to preserve battery life, the screen intelligently dims when a user’s wrist is down and returns to full brightness with a raise or a tap. Several advanced technologies work together to deliver this new feature, including the industry’s only low-temperature polysilicone and oxide display (LTPO), ultra-low power display driver, efficient power management integrated circuit and new ambient light sensor. This combination of hardware innovation and incredible software design allows Apple Watch Series 5 to offer all-day 18-hour battery life.2

Navigation

Updated location features on Apple Watch Series 5 provide customers with greater navigation tools to use throughout the day. The new built-in compass and updated Maps app allow users to see which way they are facing. With Apple Watch Series 5, customers can use the new Compass app to see heading, incline, latitude, longitude and current elevation. Users can even add one of three new Compass complications to their watch face to see direction at a glance.

International Emergency Calling

For added personal safety while traveling, users with cellular models of Apple Watch Series 5 can now complete international calls to emergency services, regardless of where the device was originally purchased or if the cellular plan has been activated. International emergency calling also works with fall detection, if enabled, to automatically place an emergency call if Apple Watch senses the user has taken a hard fall and remains motionless for about a minute.

watchOS 6

Additional health and fitness features come with watchOS 6, including the new Cycle Tracking app, which gives customers the ability to log important information related to their menstrual cycles, and see predicted timing for their next period and fertile windows using the convenience of Apple Watch.3 The Noise app helps users understand the ambient sound levels in environments such as concerts and sporting events that could negatively impact hearing, and Activity Trends on iPhone provides a long-term view of their activity patterns to help them understand their progress. watchOS 6 also brings dynamic new watch faces, including Meridian, Modular Compact and Solar Dial, which can be easily customised for quicker access to favourite apps.

Apple Watch Studio

For the first time, Apple Watch customers can enjoy a more personalised experience when purchasing Apple Watch Series 5 in Apple Stores, from apple.com and in the Apple Store app.4 Exclusively at Apple, the new Apple Watch Studio gives customers the opportunity to pick their preferred case and band combination to create a look that is uniquely their own.5

Apple Watch Lineup

Apple is introducing a new case material made of titanium, a prized material in watchmaking that has superb strength-to-weight ratio and is lighter than stainless steel. Available in two beautiful brushed finishes, the natural titanium has a custom-engineered surface which helps maintain its colour and resist staining, while the space black titanium achieves its deep colour from a diamond-like coating (DLC).
Classic styles like the stainless steel case in gold, silver and space black remain, while the aluminium case in silver, gold and space grey is now made for the first time from 100 percent recycled 7000 series aluminium. This fall, the highly scratch-resistant and beautiful white ceramic case is also available, along with a new sport loop and a wide range of great new band colours, which work with any generation of Apple Watch.
Apple Watch Nike features a new watch face inspired by the classic Nike Windrunner jacket design, accompanied by new colours of the Nike Sport Band and reflective Nike Sport Loop. Apple Watch Hermès introduces several new styles, including an update to last fall’s popular colour block band, now in a new Della Cavalleria print, and an all-black version with an exclusive Hermès gradient watch face.
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Samsung Pay, the most widely accepted mobile payment solution in South Africa celebrates its first anniversary. The occasion will be marked by a promotion giving users the opportunity to stand a chance of winning awesome prizes. In just one year, Samsung Pay has driven innovation and added on a host of banking partners, allowing the ever-growing volume of users to slim down their wallets. Samsung Pay now supports major banking institutions including Absa, Standard Bank, FNB, RMB, Discovery and Investec and has already hit over one million transactions.

“Since its launch a year ago, Samsung Pay has redefined what consumers can expect from a digital wallet,” said Justin Hume, Director: Integrated Mobility at Samsung South Africa. “Samsung Pay has led the way for mobile payments in South Africa by providing our customers innovative services they can use almost anywhere they shop. Our impressive growth shows that we are closer than ever to a world without wallets. We are also excited to reward Samsung Pay users with the chance to win amazing prizes by simply enjoying the convenience of every day shopping.”

 

From 16 August to 30 September 2019, Samsung Pay customers have the chance to win Samsung premium prizes by making 5 or more transactions with Samsung Pay. There will also be the chance to win the all new powerful Samsung Note10+. To enter is simple:

 

  • Install or open Samsung Pay on an eligible device

  • Click on the Anniversary promo banner

  • Accept the T&C’s of the anniversary promo

  • For every 5 successful transactions users get one entry into the draw

  • Every entry will carry over from one week to the next

  • There is a maximum of 5 entries per user

 

To reward Samsung Pay users even further, Samsung will be running a referral campaign from 30 August to 30 October 2019, giving Samsung Pay users the opportunity to win more prizes by simply referring Samsung Pay to friends and family.

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It’s heard that global premier mobile phone brand TECNO Mobile (www.TECNO-Mobile.com) will unveil its camera smartphone CAMON 12 series on September 5th. With aim to build reputed camera smartphone, it’s said CAMON 12 series will be not only Selfie, which is the most remarkable feature of previous CAMON series, and is embedded with upgraded camera for any angle photography.

 

 

Globally, TECNO portfolio consist of three series: ‘SPARK’ is with AI bright camera (great camera features especially in low light environment) for youth, ‘PHANTOM’ the brand’s flagship series and ‘CAMON’ the popular camera-centric series with outstanding selfie camera features in CAMON 11. CAMON series is the best voice of TECNO performance. It is designed for social media enthusiast who lead the trend and enjoy life by taking and sharing photos.

 

With several of our sources and spies working round the clock, we are pretty sure that CAMON 12 series is upgraded with AI Max Triple Camera to enable super wide angle photography, surpassing CAMON series’ DNA of clear selfie, to let you capture the beauty around you from a broader perspective.

 

Leaked images showcase TECNO’s pursuing the extreme frame with super full view screen and obviously higher edge-to-edge ratio than 87.5% of CAMON 11, guess, CAMON 12 series at least with 90% perfect edge-to-edge ratio. Leaked information reveals that CAMON 12 Air takes the initiative to equip itself with revolutionary Dot-in Display, the first and unprecedented step to apply the latest technology trend at a very sweet price level, while the only other Dot-in Display product is Samsung S10, which is available at much higher price level. With the remarkable 6.55 inch and 90% screen ratio, as well as the well-kept front flash for excellent low light photography, the user would have unimaginably expansive viewing experience. The striking choice brings brand new enjoyment.

 

Both wide angle photography and the Dot-in Display of CAMON 12 Air deliver TECNO’s commitment to bring best device with latest technology to the consumer to see the world. And news says that in the near future, TECNO will launch Dot-in Display product with front camera, to bring any angle nice photography experience with full view screen.

 

All these leaked features fit TECNO’s recently announced upgraded philosophy. In early July, TECNO revealed their philosophy of “Expect More” from previous “Experience More”, by underlining the brand’s commitment to provide masses with access to advance technology at attractive price-points, allowing them to reach beyond their current limitations and uncover a world of possibilities.

 

TECNO’s successful business with two long-term product strategies: focusing on local consumers, and using local innovation to meet local market demand to work hard at solving the user’s pain points and provide value for consumers proved that TECNO is always keeping pursuing mutual benefits in both African and emerging markets. The leaked CAMON 12 series features proved TECNO’s strategy well and reasons to believe that we can expect more from CAMON 12 series. Let’s stay tuned.

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African countries must act quickly and decisively to become leaders on the global economic stage. Digitalization is providing the continent with the opportunity to accelerate growth and rapidly expand struggling economies – but it’s a small window and decision-makers must get a strategy in place now in order to succeed.

 

Siemens (www.Siemens.com), in conjunction with Frost & Sullivan, have put together a comprehensive research project outlining the current state of key industries across the continent and identifying challenges and opportunities.

The study, named ‘The dawn of digitalization and its impact on Africa’, considers growth predictions and where the adoption of smart technology would be most beneficial in expanding industries to drive sustainable growth. For the purpose of this study, focus was placed on four key sectors: Water, Manufacturing, Mining and Minerals, and Food and Beverage.

 

 

Some of the key findings in the report are:

  • The adoption of digital technologies, innovation as well as a range of digital customer offerings are expected to remain varied across industries, markets and geographies. The extent and impact of digital technologies is also expected to vary, favouring businesses and industries that seek relevance and increasing contribution in international markets in addition to existing domestic markets.

  • While advanced analytics and digitalization are witnessing growing adoption across certain industry sectors, such as the automotive sector, there is a real opportunity for adoption of these across industry sectors such as the mining and food & beverage industry which are significant contributors to major African economies.

  • Manufacturing, while the most mature in its transformation and adoption of digital technologies in Africa, remains a marginal player struggling to make a bigger impact on country GDPs. The question governments need to ask themselves is how they align a ‘here-and-now’ emphasis on job creation with the necessary focus on digitalization. This will enable Africa to create a niche within the global economy. If we fail to pro-actively select our place within the global manufacturing industry, we run the risk of continuing on this path of non-industrialization.

  • In the water industry, expenditure in water infrastructure has been low when compared to the global average. Inadequate investment in infrastructure coupled with poor water utility management has resulted in a greater need for development of the water sector.

  • In the mining industry which has been witnessing subdued investment, rising cost pressures and increasing labour issues, a combination of mechanization, efficient extraction of resources and better use of data can make it easier for mine operators to cut costs and create a leaner and more efficient mining operation. As such, the successful incorporation of technology will be possible through collaborative efforts of technology providers, industry, research institutes and organizations that work for uplifting the mining industry.

  • A stable supply of electricity is critical for digitalization to flourish. By providing high levels of infrastructure and power supply, Africa will be able to attract the necessary investment across various industry sectors.

 

 

 

The urban population in Africa is expected to grow to 56% in 2050, from 35% in 2010. This rapid urbanization will require robust infrastructure to ensure these expanding cities are hubs of growth and commerce, and not still trying to catch up with basic necessities.

 

 

According to Ralf Leinen, Senior Vice President Digital Industries for Southern and Eastern Africa, “For the first time in history we have an incredible opportunity to use smart technology to transform entire economies at an unprecedented rate. Africa needs to get efficient strategies in place now in order to succeed.”

 

 

In the wake of changing business dynamics, rapidly evolving technology and increasing competition, collaborative efforts between governments, industry, businesses (local and international), labour and academia is vital for creating an environment that is conducive to developing sustainability of local businesses, encourages technology upskilling, innovation, knowledge sharing  and execution.

 

 

 

The findings from the study are just a starting point. Siemens hopes it will begin a dialogue and provide a framework to some of the unique opportunities that exist.

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The Best S Pen Yet

Posted by radio On August - 20 - 2019 ADD COMMENTS

Samsung latest additions to its flagship Note PowerPhone series, the Galaxy Note10 and Note10+, and tablet range, the Galaxy Tab S6, are purposefully-built power devices that enable you to live, work and play with utmost productivity. But a feature of both series that is key to helping you unlock your creativity and providing you with a truly seamless device experience is the S Pen.

 

 

Take a look at the infographic below for more information on the full capabilities of the S Pen for the Galaxy Note10 and the Galaxy Tab S6.

First introduced alongside the initial Galaxy Note in 2011 and introduced more recently to the Galaxy Tab range, the S Pen has evolved over the years to become the ultimate tool, providing enhanced creativity and increased usability of your device. Now, the Galaxy Note10’s S Pen has been re-designed to help users unlock the full power of their device.

 

The latest S Pen features a sleek unibody design and 10 hours of usage on a single charge thanks to its 350uAh lithium-titanate battery that provides high stability and resilience against external forces. The S Pen now also supports intuitive gesture recognition with S Pen Air actions so that you can always be completely in control. Thanks to its 6-axis sensor (which consists of three velocity sensors and three gyro sensors), S Pen Air actions let users take pictures, zoom in and out and switch camera perspective with a simple gesture, as well as change content and volume in multimedia apps with ease.

 

 

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TAC Studios, the production arm of The Africa Channel announces the appointment of Mokopi Shale to the position of Senior Development Producer, as part of the Studio’s growing Africa-based team in Johannesburg.

Brendan Gabriel, Vice President of Production & Creative Director, said, “We are extremely pleased to have Mokopi Shale join our creative team.  Mokopi’s expertise in book adaptation, scripted development and production in Africa is a valuable asset in support of our mission to raise awareness and export African-influenced content to the world. Mokopi will be involved in all aspects of development, financing, production and global distribution.  In addition, she will play a key role in acquiring multicultural content for Demand Africa, The Africa Channel’s global OTT platform.”

 

Ms Shale said, “I am excited to join The Africa Channel as Senior Development Producer.  This is particularly exciting as it would allow me to work with writers and producers from across the world, to develop authentic and reflective representations of Africa for global audiences.  I believe that with the rise of global streaming platforms and new methods of distribution there is a growing appetite for content that speaks to and represents Africans across the diaspora. I am always eager to learn, share ideas, and work with others to see what magic we can produce, and I believe this job will provide me with that opportunity.”

 

Mr Gabriel added, “Mokopi’s appointment reflects The Africa Channel’s continued commitment to investing in talent in Africa, and her invaluable experience will escalate our ability to develop original content, identify books for adaptation, evaluate concept submissions and implement co-development initiatives.

 

MOKOPI SHALE BIO: Mokopi Shale is an all-around talent with on-screen, production, scriptwriting and development skills in her portfolio. She started her career in media as a radio drama actress in 1998 and worked for several years on-screen as a TV presenter. She made the shift to production after joining Ochre Moving Pictures, where she created and sold television and corporate projects for the company.

 

Ms Shale was then appointed as a Commissioning Editor at SABC, where she managed dramas including, Generations and miniseries such as Entabeni and Ubizo. During her tenure as Head of Story, SABC Dramas enjoyed both critical and popular acclaim, amassing an audience share in excess of 60 percent resulting in significant advertising revenue for SABC.

 

Mokopi subsequently started Fuze Films which was awarded a contract for a slate of Films by the NFVF. She was instrumental in writing Box Office Hit, Mrs Right Guy ­which was the fourth highest grossing film at the South African box office in 2016.  She wrote and produced, Love Lives Here which was released in April 2019.

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Samsung Announces Second Quarter 2019 Results

Posted by radio On August - 15 - 2019 ADD COMMENTS

Samsung recently reported financial results for the second quarter ended June 30, 2019. The Company posted KRW 56.13 trillion (R673.46 billion) in consolidated quarterly revenue and KRW 6.6 trillion (R79.1 billion) in quarterly operating profit. The weakness and price declines in the memory chip market persisted as effects of inventory adjustments by major datacentre customers in the previous quarters continued, despite a limited recovery in demand. The Display Panel Business reported improvement due to a one-off gain in mobile displays and stronger sales of rigid OLED panels, which offset losses from large displays.

The Mobile Business posted stronger shipments on new mass market models but was overall weighed down by slower sales of flagship models and increased marketing expenses. The Network Business posted solid results on the commercialisation of 5G service in South Korea. The Consumer Electronics Division was boosted by strong sales of new appliance products and improved profitability of refrigerators and washing machines, although profits from TVs fell slightly YoY due to intensifying competition. Looking ahead to the second half, Samsung expects persistent uncertainties in the memory business, although demand is seen growing further on strong seasonality and adoption of higher-density products. For system semiconductors, higher demand in mobile APs, image sensors and display driver ICs (DDIs) is also expected to be seen.

 

For displays, new smartphone product launches are set to help mobile display earnings but overall sluggish demand in the broad smartphone market may limit upside potential. As competition in the smartphone market is seen increasing in the second half, Samsung plans to enhance its product line-up and expand sales of new mass market models. The Network Business will prioritise building the foundation for its global 5G business expansion. The Consumer Electronics Division expects a seasonal boost in TV sales and will focus on premium models, while offering new appliances such as Bespoke refrigerators and AirDressers.

 

The Company is facing challenges from uncertainties not only in business areas but also from changes in the global macroeconomic environment. Samsung will, however, continue to invest in enhancing business capabilities and future technologies, including 5G, system semiconductors, artificial intelligence and automotive components, for longer-term growth. In the second quarter, Samsung Electronics’ capital expenditure stood at KRW 6.2 trillion (R74.3 billion), including KRW 5.2 trillion (R62.3 billion) spent on semiconductors and KRW O.5 trillion (R5.9 billion) on displays. Total capital expenditure in the first half was KRW 10.7 trillion (R128.0 billion) including KRW 8.8 trillion (R105.5 billion) for semiconductors and KRW O.8 trillion (R9.5 billion) for displays. The main portion of the Company’s 2019 capex is earmarked for building infrastructure to address demand beyond 2019, and a larger percentage of this year’s investment will be made in the second half.

 

Semiconductor Sees 2H Demand Recovery Amid External Uncertainties

 

The Semiconductor Business posted consolidated revenue of KRW 16.09 trillion (R193.05 billion) and operating profit of KRW 3.4 trillion (R40.7 billion) for the quarter. Despite weak market conditions, the Memory Business saw demand for NAND and DRAM increase as mobile and storage applications continued to adopt higher-density products and as datacentre customers resumed purchasing. In the second half, demand is expected to grow although the Company sees volatility in the overall industry due to increased external uncertainties.

 

For NAND, demand for high-density, high value-added datacentre and mobile storage is likely to continue to grow and the market is expected to gradually stabilise from the third quarter. In SSD, deployment of high-density, high-performance products for datacentres will expand, while demand for mobile applications is expected to increase with the release of high-end smartphones with storage of more than 128GB. The Company will focus on strengthening competitiveness in the premium market and plans to mass produce 6th generation V-NAND this year.

 

For DRAM, overall demand is expected to increase due to seasonal effects amid external uncertainties. Server demand is expected to increase gradually as customers adjust their inventory levels and resume purchasing, while PC demand is also likely to expand. Memory demand from mobile applications is expected to show a steady increase due to the launch of new models from major customers and the trend toward high-density products. The Company plans to actively address customer demand through a flexible product mix and maintain technical leadership with the ramping up of 1Y-nm products.

 

For the System LSI Business, earnings were solid as demand increased for multiple cameras and high-resolution, large-pixel image sensors. The Company also increased the supply of 5G chipset solutions and continued to develop a next-generation one-chip 5G System-on-Chip for future technology leadership. In the second half, demand for mobile AP, image sensor, and DDI products is expected to grow on stronger smartphone seasonality. Looking ahead, Samsung plans to increase the supply of high value-added products including 64MP image sensors and EUV 7-nm APs and also diversify product offerings by developing 3D/fingerprint-on-display sensors and chips for automotive and IoT applications.

 

For the Foundry Business, results were robust on the back of strong demand from a major customer’s 8/10-nm mobile AP and image sensor products. In addition, new orders from customers increased in the 10/14-nm process and applications diversified to include mobile, HPC, automotive and network products. In the second half, earnings growth is expected to continue due to the ongoing expansion of orders for AP, image sensors and DDI as well as increased demand for HPCs, including crypto currency mining chips. The Company plans to start mass production of EUV 6-nm process and aims to strengthen its competitiveness through tape-out of the EUV 5-nm process and by completing 4-nm process development.

 

Display Sees Further Improvement in 2H

 

The Display Panel Business reported KRW 7.62 trillion (R91.42 billion) in consolidated revenue and KRW 0.75 trillion (R8.99 billion) in operating profit for the quarter, returning to a profit from the previous three-month period thanks to a one-time gain and a gradual recovery in customer demand. Mobile display earnings increased, led by higher shipments of OLED panels featuring new technologies such as fingerprint-on-display and hole display. Large display sales also saw a slight improvement from the previous quarter on demand for premium panels and reduced costs.

 

Looking ahead to the second half, Samsung expects a further recovery in mobile displays from stronger sales and higher production, as major customers are planning to launch new products. Demand for OLED screens is seen to grow steadily as the smartphone industry increasingly adopts slimmer displays to accommodate 5G-enabling components. Samsung will continue to incorporate more value-added features into its panels and improve production efficiency, while closely monitoring and responding to global macroeconomic uncertainties and their potential negative impact on the market.

 

For large displays, despite growing demand for premium TV panels, continued capacity expansion in the overall LCD industry is likely to weigh on market conditions. Samsung will continue efforts to improve profitability by focusing on premium TV panels and expanding in other applications such as monitors and Public Information Display.

 

Mobile to Enhance Flagship Line-up and New Galaxy A series

 

The IT & Mobile Communications Division posted KRW 25.86 trillion (R310.27 billion) in consolidated revenue and KRW 1.56 trillion (R18.7 billion) in operating profit for the quarter. While the overall market saw demand for smartphones decline due to the negative macroeconomic environment and seasonal weakness, Samsung’s smartphone shipments increased QoQ led by strong sales of the new Galaxy A Series, including the Galaxy A50 and A70. However, sales of flagship models fell QoQ on weak sales momentum for the Galaxy S10 and stagnant demand for premium products.

 

Increased costs associated with growing competition in the mid- to low- end segment and inventory adjustments of older models resulted in a drop in profit for the Mobile Business. On the other hand, earnings for the Networks Business improved thanks to the expansion of commercial 5G service in South Korea and LTE networks in overseas markets. In the second half, the overall mobile market demand is expected to remain weak due to growing uncertainties over the global economy and trade. Samsung will continue to strengthen its flagship line-up and increase sales of new mass market models. The Company will promptly respond to the changing business environment, and step up efforts to secure profitability by enhancing efficiency across development, manufacturing and marketing operations.

 

In the third quarter, Samsung will focus on successful launches of new innovative products – the Galaxy Note 10 and Galaxy Fold. It will enhance the 5G smartphone line-up to take the lead in the new market and introduce more competitive A series models in the second half to extend the ongoing positive momentum in mass market smartphone sales. The Network Business will continue to solidify its position in the global 5G market, leveraging its leadership in the 5G service commercialisation in South Korea and the United States.

 

Consumer Electronics Boosted By Digital Appliances

 

The Consumer Electronics Division, comprised of the Visual Display and Digital Appliances businesses, recorded KRW 11.07 trillion (R132.82 billion) in consolidated revenue and KRW 0.71 trillion (R8.51 billion) in operating profit for the second quarter of 2019. Earnings for the Visual Display business edged down both QoQ and YoY due to intensifying price competition in the market. However, Samsung’s product-mix improved in the second quarter via early launches of new models and the expansion of premium product sales such as QLED and super-large screen TVs.

 

Despite negatives such as unfavourable foreign exchange rates in some emerging markets and increasingly protective global trade practices, conditions in the TV market are expected to stay largely unchanged in the second half of 2019. Samsung plans to maximise end-year sales through close cooperation with retail partners and cementing the 8K leadership by positioning QLED 8K TVs as mainstream TVs. For the Digital Appliances business, profits grew significantly YoY thanks to improvements in the profitability of key appliances like refrigerators and washing machines. Strong summer demand of air conditioners including Samsung’s Wind-Free Air Conditioneralso contributed to robust sales.

 

Through the rest of the year, Samsung will focus on marketing new lifestyle products for consumers, such as Bespoke refrigerators and AirDressers. The Company will also continue to strengthen the B2B business which includes built-in appliances and system air conditioners.

 

Consolidated Sales and Operating Profit by Segment based on K-IFRS (2017~2019 2Q)

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Apple today announced financial results for its fiscal 2019 third quarter ended June 29, 2019. The Company posted quarterly revenue of $53.8 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.18, down 7 percent. International sales accounted for 59 percent of the quarter’s revenue.
“This was our biggest June quarter ever — driven by all-time record revenue from Services, accelerating growth from Wearables, strong performance from iPad and Mac and significant improvement in iPhone trends,” said Tim Cook, Apple’s CEO. “These results are promising across all our geographic segments, and we’re confident about what’s ahead. The balance of calendar 2019 will be an exciting period, with major launches on all of our platforms, new services and several new products.”
“Our year-over-year business performance improved compared to the March quarter and drove strong operating cash flow of $11.6 billion,” said Luca Maestri, Apple’s CFO. “We returned over $21 billion to shareholders during the quarter, including $17 billion through open market repurchases of almost 88 million Apple shares, and $3.6 billion in dividends and equivalents.”
Apple is providing the following guidance for its fiscal 2019 fourth quarter:
  • revenue between $61 billion and $64 billion

  • gross margin between 37.5 percent and 38.5 percent

  • operating expenses between $8.7 billion and $8.8 billion

  • other income/(expense) of $200 million

  • tax rate of approximately 16.5 percent

 

Apple’s board of directors has declared a cash dividend of $0.77 per share of the Company’s common stock. The dividend is payable on August 15, 2019 to shareholders of record as of the close of business on August 12, 2019.
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The evolution of the IT operation

Posted by radio On July - 31 - 2019 ADD COMMENTS

The days where the IT operation was a separate fiefdom with autonomy are gone. In most organisations, there are now components that are relatively closely aligned with the business and they are delivering specific business outcomes. IT operations now tend to be very workload or business unit specific in their support. The downside, however, is that different silos within the organisation have very different experiences, resulting in inconsistency.

 

This has led to a certain level of dissatisfaction within the business, with those who are not getting their requirements met resorting to finding their own solutions. That is really where the chief digital officer (CDO) concept started to emerge, to ensure that there is someone to coordinate all of this and improve the overall performance. Despite that, most organisations in South Africa are experiencing some flavour of that inconsistent outcome and the pressure in terms of evolving is to now really start bringing in that level of consistency.

 

 

 

Businesses do not know what they need to focus on next, or which part of the business will be able to deliver value more quickly. They do know, however, that the support organisations need from the likes of IT needs to be repositioned so that they can deliver on-demand. They, therefore, need IT to move away from being tactical and responsive, and become more agile, with the right technology, skills, and expertise to move quickly to support the business.

 

Move away from typical IT behaviour

IT is typically comprised of people who like to overprepare and then deliver something appropriate. This no longer works as organisations need to be more fluid in their approach. They can no longer take months to build things out as that will strip them of their competitive advantage.

Our advice to end-user organisations is to have the right platform approach so that they are better positioned for future evolution. It has a lot to do with the management for your infrastructure, the type of data that you gather and how you interface with the business. It’s about getting closer alignment with the business, not just in a conceptual way, but a molecular way. It is also about keeping in contact, making sure that IT is part of projects and that boundary functions such as security are understood from the outset rather than being focused on later.

 

Tackling the issue of skills

Ensuring they have the right skills in place is particularly challenging for South African organisations. They must have at least a medium-term view of what their architectural requirements are going to be. That is getting very complicated with cloud and even more so with emerging technologies such as machine learning and artificial intelligence. You can’t anticipate everything in technology, but you must ensure that you have the pieces in place to build that out rather than having to start from scratch every time. This requires a flexible and adaptable infrastructure. This can be challenging in organisations where the primary focus is on cost-containment, as they tend to provision the minimum of what they need at the time, which almost implies minimum flexibility for the future.

 

Skills are in short supply and the market is very competitive. They are hard to retain, and ongoing training is difficult, but it must be done creatively and intelligently. I would recommend that organisations avoid point skills unless it is absolutely necessary, and rather ensure that your skills internally are very broad, that they have collective exposure across the business and have as much business context as possible. Where skills are required for specific technologies, use subcontractors or outsourcers, but ensure that, internally, you have the integration, business, and management skills to stitch it all together. The pivot here is to move from focusing on technical skills to ensure you have the right integration skills in place.

 

An evolution driven by business expectation

From the outside, it’s all about customer and partner expectations. People expect you to be able to do business differently and adjust to meet their expectations in terms of service delivery, consistency and the ability to integrate systems. Internally, people have an expectation and some knowledge of what is out there in the market. They see case studies and hear stories of how organisations can function when everything is going right, and they want that. Right now, we are in a place where the business dictates what the outcome is going to be and have an expectation around how that will be serviced, regardless of how unrealistic the outcome may be. What we need now is a closer alignment between business and IT so that the business understands when an expectation is unreasonable or an expectation of a way of doing business is just incompatible with market conditions or the regulatory environment.

 

This evolution is a natural progression in the business and is an ongoing discussion we have with CIOs attending our annual IDC CIO Summit. What caught IT departments and managers by surprise, was that the business evolved in unexpected ways, such as the growth of cloud computing and the CX-oriented transformation within lines of business. The business likewise had an expectation that IT operations would be able to evolve at the same pace. That led to a big disconnect, and although many businesses are over that phase, now it is about making sure business and IT go through the next evolution together.

 

By: Jon Tullett, Research Manager for IT Services at International Data Corporation (IDC) South Africa

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