Toshiba Corp. on July 11 had a meeting with its main banks about the negotiation of the sale of its semiconductor memory business with the Japan-US-South Korea ally led by Innovation Network Corp. of Japan (INCJ). The top management of Toshiba explained the negotiation is stalemated because the ally has a difficulty on the roles of SK Hynix of South Korea, which seems to have a stronger interest in NAND type flash memory technology than the other have earlier expected because SK is behind Samsumg in the mass production for NAND memory while it has know-how in DRAM production, which lacks in Toshiba and thinks the company has a merit to join the ally and commit to Toshiba Memory’s production more aggressively. Toshiba revealed it has started to negotiate again with Western Digital and Hon Hai Precision. WD has proposed the acquisition by allying with U.S. fund Kohlberg Kravis Roberts (KKR & Co.), INCJ and Development Bank of Japan. Toshiba wants to decide the sale of Toshiba Memory by the end of March, 2018 in order to have excessive liabilities two years in a row which is to lead to the company going private.
A new telecom brand Kult, recently announced the launch of its newest smartphone - Beyond. This 4G- VoLTE enabled smartphone also offers multi-purpose fingerprint sensor and currently it is exclusively available on Amazon. It features a 5.2inch HD screen size and an HD IPS on-cell display. Beyond features a 13MP rear AF camera with Dual Tone LED flash and 13 MP front camera with Dual LED Flash. It runs on a 1.25 GHz quad-core 64 bit processor and offers the latest Android Nougat 7.0 OS. It comes with a 3GB RAM and 32GB ROM that is expandable up to additional 32GB (supports 3 Slots: 2 SIM both micro + 1 Micro SD). Kult Beyond is powered by a 3000mAh battery and is available for INR 6,999. Commenting on the launch, Hardip Singh, Executive Director of Optiemus Infracom said, “Today’s hyperconnected millennial demands high performance smartphone with great camera quality. We kept that in mind while building Kult Beyond. This beautifully designed smartphone comes loaded with class-leading features and functionalities at a very attractive price, which is an added advantage.”
19th August is celebrated as World Photography Day every year. To add to the celebrations, ASUS announced the launch of its latest smartphone ZenFone Zoom S. With its slim and lightweight body, this new phone is specifically built for photography. It features dual 12MP cameras with 2.3X true optical zoom and 12X total zoom. Its SuperPixel camera provides a pixel size of 1.4 micron. It features the Sony IMX362 sensor and provides a large f/1.7 lens aperture. It also features a fouraxis Optical Image Stabilization (OIS) and three-axis Electronic Image Stabilization (EIS), RGB Colour-correction sensor for auto colour adjustments, 48MP Super Resolution mode that combines four native 12MP photos to create a single large image and 19 different capture modes. ASUS ZenFone Zoom S comes with a 5.5in Full HD 1920 x 1080 AMOLED display, along with 2.5D contoured Corning Gorilla Glass 5. It is powered by Qualcomm Snapdragon 625, 14nm Octa-core @ 2.0 GHz processor. This new ZenFone comes with a 5000mAh battery that can last up to 2 days. The new ASUS ZenFone Zoom S is launched online and will be available exclusively on Flipkart at INR 26,999.