Enterprise

Intel can legally supply Huawei with chips

Application approved

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Since last week, Huawei can no longer legally work with American companies or companies using American technologies. As such, the Chinese company is in total survival mode, stockpiling supplies to mitigate the losses. However, outside of their control, other companies are also working to restore balance to Huawei’s businesses. For one, Intel can legally supply Huawei with chips starting today.

Since the start of the Huawei debacle, barred companies can continue operations with Huawei through a government-sanctioned operating license. To get one, the companies must still apply for one. And the government hasn’t exactly rushed to approve applications.

Now, Intel’s application has officially passed approval from the government, according to a Reuters report. With the license, the chipmaking company can legally ship components for Huawei. The approval might help Huawei fill its stockpile for near-future smartphones or even find a permanent supplier for the long run.

Besides Intel, other component companies have also applied for similar licenses. Currently, China’s Semiconductor Manufacturing International Corporation is pending approval to continue business with Huawei. According to another report, Qualcomm has also applied for such a license.

Without a doubt, component companies are also feeling the sting of Huawei’s ban. Though Intel received its approval, the successes of other companies are still shrouded in mystery. At this point, no one knows how the Huawei debacle will finally end.

SEE ALSO: Huawei Store is your one-stop shop for everything Huawei

Enterprise

Samsung launches 1000-inch TV display

Three zeroes

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Television sets have gotten a lot crazier over the years. From rollable sets to ones that hide on the wall, the world has a lot more options on how they want to consume their media. One of the more renowned series spearheading this revolution is Samsung’s The Wall, offering sets that meld perfectly with the wall it’s set on. Today, Samsung is going big — really big — with a new 1000-inch display.

That’s not a typo. The Wall’s latest entry indeed has three zeroes. The new display uses microLED, making it lither and more adaptable. Despite being a gigantic screen, it can put out images in stunning 8K resolution and buttery 120Hz framerates. It can also be configured to maximize output to 16K resolution in a 15,360 x 2,160 arrangement.

Speaking of arrangement, interested buyers can choose different configurations for the screen besides a plain horizontal one. It can be installed in any wall type, including concave and convex ones.

However, if you’re wondering how you’re going to fit it in your home, Samsung is positioning the screen more towards business and commercial spaces, rather than consumer-friendly ones. The company has also not revealed how much it will go for.

Of course, if you happen to have the money and the space for it, why not?

SEE ALSO: Samsung Neo QLED TVs: Price and availability in the Philippines

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Enterprise

Xiaomi becomes second-largest smartphone maker

As of Q2 2021

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The smartphone industry has been in a shakeup for quite some time now. Since the rapid fall of Huawei, several smartphone makers have been fighting to fill in the Huawei-sized hole. The rankings have since seesawed between the two usual suspects, Apple and Samsung. Now, Xiaomi is once again climbing the ranks. According to a report, Xiaomi is now the second-largest smartphone maker in the world, as of Q2 2021.

As reported by Canalys, Xiaomi now holds 17 percent of the smartphone market, a huge 83 percent increase from the last rankings. The Chinese company edges out Apple, the third-largest smartphone maker, who just bagged 14 percent of the market. Meanwhile, Samsung is still sitting on top with 19 percent of the market. OPPO and vivo each hold 10 percent of the market.

According to the same report, the entire smartphone industry is recovering from the effects of the COVID-19 pandemic. It grew as a whole by 12 percent.

Besides the pandemic, Xiaomi is also recovering from American bans. Because of its association with China, the company was formerly included as part of the blacklist limiting them from engaging in American business.

Months ago, Xiaomi finally freed itself from the blacklist, making way for its astronomical 83 percent growth this quarter. Huawei, on the other hand, is still in the red, plummeting deeper and deeper down the rankings.

SEE ALSO: Xiaomi overtakes Apple as third-best smartphone seller

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Enterprise

Up to 1500 companies hit by REvil ransomware attack, demand $70 million

The same attackers took down the US’ Colonial pipeline

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REvil

Russian cybercriminal group REvil demands a US$ 70 million Bitcoin ransom after carrying out a major ransomware attack in the US and Europe. The US was celebrating its independence day as one of the world’s largest cyberattacks wreaked havoc in hundreds of businesses.

The ransom demand comes two days after news broke about the attack. It was initially suspected at least a few hundred small and medium-sized companies to be affected as a result. The primary software provider, Kaseya, and governments in a dozen countries are working since Friday to crack the encrypted lock on thousands of affected computers.

Ransomware is defined as malicious software that tries to extort money from its victims. The demands are straightforward: pay the ransom, or have your operations severely compromised or shut down completely. Due to the ransomware, thousands of computers are no longer functional, rendering entire businesses non-operational.

According to Reuters, up to 1500 businesses may be affected. Initial reports had found demands of $US 5 million from the bigger companies that were hit by the ransomware attack and as low as US$ 45,000 from the smaller ones.

Kaseya’s software is used by Managed Service Providers (MSPs) to perform IT tasks remotely. Kaseya has administrator access across systems by design as a managed service provider to deliver its remote management. Because of this, an auto-update on July 2 delivered REvil ransomware to affected systems.

Global effects

The ripple effects of the attack are visible globally. The disruption took down hundreds of supermarkets in Sweden because their cash registers were inoperative, and schools and kindergartens went gone offline in New Zealand.

In May, REvil attacked Colonial Pipeline and managed to get the company to pay a $5 million ransom after its functionality and services were restricted, sparking a gas crisis in the US. With the ransom demand out in the open, it remains to be seen how the issue progresses at the moment.

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