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Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT

Chinese smartphone makers, including Oppo Mobile , Vivo India and Xiaomi Technology , have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday.  Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion of around Rs. 9,000 crore, comprising customs duty and GST, has been detected between 2018-19 and 2022-23. The government has recovered Rs. 1,629.87 crore from the companies during the period. According to the data, Oppo Mobile India has been found evading Rs. 5,086 crore in taxes which includes Rs. 4,403 crore in customs duty and Rs. 683 crore in the form of GST. Vivo has evaded taxes worth Rs. 2,923.25 crore comprising Rs. 2,875 crore in customs duty and Rs. 48.25 crore in GST, according to the written reply by Chandrasekhar. Tax evasion of Rs. 851.14 crore has been detected in the case of Xiaomi Technology India comprising Rs. 682.51 crore in customs duty and Rs. 168.63 crore in ...

Xiaomi to Bet Big on Under Rs. 15,000 Device Segment to Regain Lost Market Share

Smartphone maker Xiaomi is betting big on the Rs. 10,000-Rs. 15,000 device segment to regain its lost market share, a senior official of the company said on Friday.  Xiaomi India President, Muralikrishnan B said that the company has come up with a reset strategy and will focus to be "India's most loved and trusted smartphones " and IoT brand with "focus on efficiency and sustainability with a secure foundation." He said that Xiaomi will operate with a leaner product portfolio and focus on democratising 5G in the country. "Today most of the 5G devices that are being sold are above Rs. 20,000. There is an increase in penetration in Rs. 15,000-Rs. 20,000 but mass of the market, the belly of the market is going to be in Rs. 10,000-Rs. 15,000 where there is a clear opportunity for Xiaomi to replicate what we did with 4G and recreate that 5G magic," Muralikrishnan said. According to Counterpoint Research, the Rs. 10,000-Rs. 20,000 price segment had rec...

Toyota Plans to Use Regenerative Fuel Cell Technology for Manned Lunar Rover

Toyota Motor plans to use regenerative fuel cell technology to power a manned lunar rover , executives said on Friday, raising the prospect of eventually using the moon 's water ice as an energy source in the future. Japan has stepped up its space ambitions under Prime Minister Fumio Kishida. It is participating in NASA 's Artemis programme and plans to have an astronaut at a lunar space station called Gateway as part of that in the latter half of the 2020's.  Toyota has teamed up with Japan's space agency since 2019 to develop the manned lunar rover — which it dubbed the Lunar Cruiser — that they hope can be put on the moon in 2029. "In order to conduct long-term and stable research on the surface of the moon, we are aiming to source various items on site over a long period," said Ken Yamashita, head of lunar exploration projects at Toyota. NASA expects Japan to provide a lunar rover with a 2029 target launch date as a contribution to the Artemis prog...

Samsung Galaxy Z Flip 5, Watch 6 Series Pre-Order Offers Tipped; Samsung Teases Upcoming Galaxy Watch Features

Samsung Galaxy Z Flip 5 and Galaxy Watch 6 series pre-order deals have been leaked online, days ahead of the company's next launch event. The second Galaxy Unpacked event of 2023 will be held in South Korea and the firm is expected to unveil new foldable phones, a new tablet and smartwatch series, and a new pair of true wireless stereo (TWS) earbuds. Meanwhile, Samsung has unveiled new software features coming to existing and upcoming smartwatch models, including a new temperature app and support for displaying tickets and passes. Tipster Evan Blass recently posted details of the upcoming Galaxy Watch 6 and Watch 6 Classic ( via GSMArena) to Threads, revealing that customers who pre-order the next generation smartwatches from Samsung will get a fabric band at no additional cost. Samsung is yet to officially reveal details of the Watch 6 and Watch 6 Classic pricing and availability. Meanwhile, Blass' post stated that customers who pre-book the Galaxy Z Flip 5 will receive ...

Apple Testing Its Own Generative AI Chatbot, Apple GPT, to Rival OpenAI's ChatGPT: Report

Apple is working on artificial intelligence (AI) offerings similar to OpenAI's ChatGPT and Google's Bard, Bloomberg News reported on Wednesday, sending its shares up as much as 2 percent to a record high. The iPhone maker has built its own framework, known as "Ajax", to create large language models (LLMs) and is also testing a chatbot that some engineers call "Apple GPT", the report said, citing people with knowledge of the matter. The company did not respond to a Reuters request for comment. Apple has so far held back from any big moves in AI and even avoided mentioning the buzzword at its developer conference in June — in stark contrast to other tech giants such as Alphabet and Microsoft which have made bold moves to incorporate the breakthrough technology. Shares of Microsoft, Nvidia and Alphabet dropped more than 1 percent after the report. Apple has, however, subtly pushed advanced AI in some of its products such as Apple Photos , on device t...