Jeff Bezos is visiting India and Amazon has organized a conference to announce their plans and goals for the regional market. Dubbed “Smbhav”, it’s a collaborative event for small and medium businesses and will see the participation of senior industry executives.
Bezos said the global online retailer will invest US$ 1 billion in digitising India’s small and medium businesses. He also said the company is eyeing scaling locally produced products from India — in line with the Make in India program — to be of US$ 10 billion size on Amazon platform by 2025.
“We are doing this now because it is working. And when something works you should double down on it,” Bezos said.
The news comes just after the Competition Commission of India (CCI), started an investigation into anti-competitive practices of Amazon and its Walmart-owned rival Flipkart earlier this week.
An Amazon executive said the company has amassed over 500,000 sellers in India and thousands of merchants in the country who are selling on 12 Amazon marketplaces around the world.
India is a lucrative market for internet companies because of extremely cheap data rates and easy availability of affordable smartphones. With a population of 1.3 billion people, the potential is unmatchable. Especially because China’s markets are closed by an internal firewall and the developed markets are highly saturated.
The country is Amazon’s largest bet outside its home market and currently at the cutting edge of digital payments. In India, Amazon is able to set up a highly scaled operations unit, ensuring lower costs and better reach.
POCO X2 now official with 120Hz display, Snapdragon 730G
It has finally arrived!
After a long wait, POCO has officially unveiled the POCO X2 in India today. The brand used to be a sub-brand of Xiaomi but recently turned completely independent. The brand has also emphasized that the phone is not a successor of the POCO F1, but a completely new series.
On the front, it has a 6.67-inch screen with a ratio of 20:9 and a 120Hz refresh rate. The brand is calling the higher refresh rate “Reality Flow” and it has been incorporated via an LCD panel. Keep in mind, apps and games need to support a higher refresh rate to fully deliver a smooth experience.
It’s powered by a Snapdragon 730G processor along with an Adreno 618 GPU. Just like the POCO F1, it also gets liquid cooling for enhanced longer periods of gaming. The brand repeatedly compared its offering aginst the Realme X2, the opponent it intends to take on. For power backup, you get a 4,500 mAh battery that supports 27W fast charging. And, the fast charging brick is included with the phone by default.
It houses up to 8GB LPDDR4 RAM and 256GB internal storage. The phone is being targeted as a fast device that can handle any task you throw at it. The fingerprint scanner is now mounted on the side and the back is protected by Corning Gorilla Glass 5.
On the rear is a Sony IMX686 64-megapixel primary camera paired with a 2-megapixel portrait sensor, 2-megapixel macro lens, and an 8-megapixel wide-angle sensor. This is the first phone to sport the Sony IMX686 sensor in India. On the front is a 20-megapixel primary camera along with a 2-megapixel portrait sensor.
POCO continues to retain the headphone jack. Additionally, it’s splash-proof and also houses an IR blaster on the top.
Pricing and availability
It’ll be available in three colors — Atlantis Blue, Matrix Purple, and Phoenix Red. In India, the 6GB+64GB variant is priced at INR 15,999, the 6GB+128GB is priced at INR 16,999 while the 8GB+256GB option costs INR 19,999.
Vivo now second-most shipped smartphone brand in India
Their aggressive expansion strategies have paid off
Vivo continues to ride high from its expansion efforts in India. Just last quarter of 2019, it overtook Samsung to become the second most shipped smartphone brand in India.
In the latest findings from Counterpoint Research, Vivo composed 21% of the total smartphone shipped to Indian users. This figure is a sharp contrast to Q4 2018, wherein the company composed of just 10% for all smartphone shipments. As such, the year-on-year (YoY) growth of Vivo from Q4 2018 to Q4 2019 is an astounding 132%.
The growth of Vivo helped it overtake Samsung to become the second most shipped smartphone brand in India. Samsung’s position dropped from 20% in Q4 2018 to 19% in Q4 2019 – which is not that bad for the Korean company.
While Vivo’s expansion efforts in both online and offline realm propelled the company, it still can’t compete with Xiaomi’s growth for both quarters. Xiaomi posted a 7% YoY growth, composing 27% of all smartphone shipped in India.
The latest findings came from Counterpoint’s research regarding India’s smartphone market. The latest research showed the growing market for smartphones in the country. As a matter of fact, it finally surpassed the US to become the second-largest smartphone market in the world.
Poco X2 is coming in February
The wait is almost over
The long wait is now almost over. POCO India just revealed that the next Pocophone will launch on February 4, 2020.
Announced in a tweet, the next phone will be called POCO X2 and, according to the company, will make you go “Bruh, it’s Smooth AF.”
— POCO India (@IndiaPOCO) January 27, 2020
Why smooth? It’s likely referring to a high screen refresh rate — a feature that was introduced in 2019 by the likes of OnePlus and ASUS and will likely come to several phones in 2020. It’s possible the POCO X2 will have up to a 120hz screen refresh rate.
The phone’s dedicated website also highlighted the cameras, a Qualcomm Snapdragon chip, liquid cooling, and fast charging. If the POCO X2 will carry on the “flagship killer” tag that the Pocophone F1 carried, then it wouldn’t be a stretch to think that it will carry the latest Qualcomm SoC.
There’s still a lot that we don’t know, but we don’t have to wait too long to find out!
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