MediaTek-powered LG X Power handset released on Sprint and Boost Mobile
The recently announced availability of the MediaTek-powered LG X Power handset on Sprint and Boost Mobile is an apparent indication of the potential launch of low-cost handsets boasting compatibility with all the four leading US wireless carriers --- AT&T, Verizon, Sprint, and T-Mobile.
The LG X Power handset was already available on Cricket Wireless and US Cellular, but the Mediatek processor version for the handset’s Sprint and Boost Mobile models marks a significant difference.
In place of the Qualcomm processors powering the other version of LG X power, the Sprint and Boost Mobile variants of the handset are equipped with Mediateck’s octa-core Helio P10 processor; thereby breaking Qualcomm's domination on smartphones available on the Sprint network.
To put it more clearly, the LG X Power handset for Sprint and Boost Mobile differs from the Cricket and US Cellular variant, which is equipped with a Qualcomm processor and modem; as well as from the handset’s international version which does not support CDMA.
The Sprint and Boost Mobile LG Power X version is powered by the Helio P10 processor, which is similar to Qualcomm's Snapdragon 600 series, but comes with support for GSM, CDMA and dual-carrier LTE.
According to Mediatek VP Mohit Bhushan, the Helio P10's modem could support all four bigwig US carriers once it gets Verizon’s clearance, which is expected to happen in October 2016.
IBM is using blockchain for improving speed and security for cross-border transactions. The solution offered by IBM is focused on banking sector.
Tesla Motors has fired hundreds of employees after annual performance review. The company confirmed the move but the management hasn’t mentioned the exact number of employees fired during the current performance review.
Tesla Motors has announced recall of 11,000 Model X vehicles to fix a seat cable issue. The voluntary recall involves Model X SUVs manufactured between October 28, 2016 and August 16, 2017.
Norway is planning to add additional tax burden on consumers planning to buy electric cars.
German government has raised the growth outlook for 2017 to two percent from earlier estimate of 1.5 percent. The growth outlook for 2018 has been raised to1.9 percent from earlier estimate of 1.6 percent.
The International Monetary Fund (IMF) has raised growth outlook for global economy considering stronger growth and signs of recovery in many key markets. However, the IMF forecast has raised doubts over growth in India and the United Kingdom.