The reported release of the Pixel Fold next month would provide a boost to Google's smartphone line-up. Bloomberg
The reported release of the Pixel Fold next month would provide a boost to Google's smartphone line-up. Bloomberg
The reported release of the Pixel Fold next month would provide a boost to Google's smartphone line-up. Bloomberg
The reported release of the Pixel Fold next month would provide a boost to Google's smartphone line-up. Bloomberg

Google reportedly launching first foldable Pixel smartphone in June to take on Samsung


Alvin R Cabral
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Google is set to launch its first foldable smartphone in June in what could be a direct challenge to the dominance of market leader Samsung Electronics.

The technology company is set to unveil what is being called the Pixel Fold, a 7.6-inch inward-folding device similar to Samsung's flagship Galaxy Z Fold series, at its I/O industry conference on May 10, CNBC reported, citing internal documents.

It will also come with a 5.8-inch cover screen, smaller than the Galaxy Z Fold's 6.2-inch design, it said.

Expectedly, the price is at a premium: The Pixel Fold, internally known as “Felix”, is said to cost at least $1,700, making it the most expensive in the Pixel line-up and well within range of the Galaxy Z Fold's $1,799.

South Korea-based Samsung also has its lower-tier Galaxy Z Flip, the current iteration of which starts at $999.

Google declined to comment to The National.

The growth in popularity of foldable smartphones has been largely attributed to Samsung, which pushed the category into the mainstream, starting with the original Galaxy Z Fold in 2019.

While the category is growing, it still accounts only for a marginal share in the overall smartphone sector.

Foldables held a 1.2 per cent market share in the industry, with 14.2 million units shipped in 2022, while traditional smartphones accounted for 98.8 per cent of the total, with more than 1.19 billion shipments last year, according to the International Data Corporation.

However, by 2027, foldable shipments are expected to jump to 48.1 million units at a compound annual growth rate (CAGR) of 27.6 per cent, compared to a CAGR of 2.1 per cent for traditional devices, whose shipments are set to rise to 1.32 billion, it said.

That would make the market share of foldables increase to 3.5 per cent, the IDC study showed.

Foldable devices remain niche but their uniqueness and the new user experience they offer could be a key selling points for users, the IDC said.

“Foldable devices currently bring that 'wow factor' and I believe they will continue to grab more headlines and outperform non-foldable smartphones over the next five years,” said Nabila Popal, research director at the IDC's Worldwide Tracker team.

Google's launch of the Pixel Fold would be the culmination of years of speculation. It first announced foldable screen support for its Android mobile operating system in 2018, then followed it up with patent filings for foldables in 2019.

While the move will provide a boost to Google's Pixel smartphone line-up, taking on Samsung could prove to be a tall order.

The Korean company, the world's biggest mobile phone manufacturer, holds a 62 per cent market share in the foldable category, way ahead of second-placed Huawei Technologies, the latest data from Counterpoint Research shows.

Huawei, Oppo, Xiaomi and Vivo, all based in China, have all introduced foldables but they are mostly limited to the Chinese market.

Motorola, the maker of the famous Razr flip phone that has been relaunched as a foldable, may be the only contender, for now, in markets such as the US, where the Pixel line-up is concentrated, Counterpoint had previously said.

Meanwhile, rumours about Apple's foray into the segment have been swirling for several years now, with speculation about a foldable iPhone growing when Samsung and Huawei first released their first folding devices in 2019.

Foldable devices currently bring that 'wow factor' and I believe they will continue to grab more headlines and outperform non-foldable smartphones over the next five years
Nabila Popal,
research director at the International Data Corporation

California-based Apple has filed patents for devices with foldable displays, as reported by data tracking website Patently Apple.

Bloomberg's Mark Gurman, a reliable source when it comes to insider news at Apple, has also suggested that the company may be working on a foldable iPad.

“More models from both new and current vendors are expected to bring further improvements and enhancements to the category to help drive continued adoption,” the IDC said.

The Pixel Fold will run on Google's Tensor G2 chip, which is found in the latest Pixel 7 devices, and will be water-resistant, the documents viewed by CNBC showed.

It will also have a larger battery that will enable it to last for 24 hours and up to 72 hours using low-power mode, the report said.

COMPANY%20PROFILE
%3Cp%3ECompany%20name%3A%20Znap%3C%2Fp%3E%0A%3Cp%3EStarted%3A%202017%3C%2Fp%3E%0A%3Cp%3EFounder%3A%20Uday%20Rathod%3C%2Fp%3E%0A%3Cp%3EBased%3A%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3EIndustry%3A%20FinTech%3C%2Fp%3E%0A%3Cp%3EFunding%20size%3A%20%241m%2B%3C%2Fp%3E%0A%3Cp%3EInvestors%3A%20Family%2C%20friends%3C%2Fp%3E%0A
BUNDESLIGA FIXTURES

Friday (All UAE kick-off times)

Borussia Dortmund v Eintracht Frankfurt (11.30pm)

Saturday

Union Berlin v Bayer Leverkusen (6.30pm)

FA Augsburg v SC Freiburg (6.30pm)

RB Leipzig v Werder Bremen (6.30pm)

SC Paderborn v Hertha Berlin (6.30pm)

Hoffenheim v Wolfsburg (6.30pm)

Fortuna Dusseldorf v Borussia Monchengladbach (9.30pm)

Sunday

Cologne v Bayern Munich (6.30pm)

Mainz v FC Schalke (9pm)

About Takalam

Date started: early 2020

Founders: Khawla Hammad and Inas Abu Shashieh

Based: Abu Dhabi

Sector: HealthTech and wellness

Number of staff: 4

Funding to date: Bootstrapped

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Another way to earn air miles

In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.

An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.

“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.

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%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
It's up to you to go green

Nils El Accad, chief executive and owner of Organic Foods and Café, says going green is about “lifestyle and attitude” rather than a “money change”; people need to plan ahead to fill water bottles in advance and take their own bags to the supermarket, he says.

“People always want someone else to do the work; it doesn’t work like that,” he adds. “The first step: you have to consciously make that decision and change.”

When he gets a takeaway, says Mr El Accad, he takes his own glass jars instead of accepting disposable aluminium containers, paper napkins and plastic tubs, cutlery and bags from restaurants.

He also plants his own crops and herbs at home and at the Sheikh Zayed store, from basil and rosemary to beans, squashes and papayas. “If you’re going to water anything, better it be tomatoes and cucumbers, something edible, than grass,” he says.

“All this throwaway plastic - cups, bottles, forks - has to go first,” says Mr El Accad, who has banned all disposable straws, whether plastic or even paper, from the café chain.

One of the latest changes he has implemented at his stores is to offer refills of liquid laundry detergent, to save plastic. The two brands Organic Foods stocks, Organic Larder and Sonnett, are both “triple-certified - you could eat the product”.  

The Organic Larder detergent will soon be delivered in 200-litre metal oil drums before being decanted into 20-litre containers in-store.

Customers can refill their bottles at least 30 times before they start to degrade, he says. Organic Larder costs Dh35.75 for one litre and Dh62 for 2.75 litres and refills will cost 15 to 20 per cent less, Mr El Accad says.

But while there are savings to be had, going green tends to come with upfront costs and extra work and planning. Are we ready to refill bottles rather than throw them away? “You have to change,” says Mr El Accad. “I can only make it available.”

Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”

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Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
'HIJRAH%3A%20IN%20THE%20FOOTSTEPS%20OF%20THE%20PROPHET'
%3Cp%3E%3Cstrong%3EEdited%20by%3A%3C%2Fstrong%3E%20Idries%20Trevathan%3Cbr%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20240%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Hirmer%20Publishers%3Cbr%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

COMPANY PROFILE

Name: Grubtech

Founders: Mohamed Al Fayed and Mohammed Hammedi

Launched: October 2019

Employees: 50

Financing stage: Seed round (raised $2 million)

 

The specs

Price: From Dh529,000

Engine: 5-litre V8

Transmission: Eight-speed auto

Power: 520hp

Torque: 625Nm

Fuel economy, combined: 12.8L/100km

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Brief scores:

Day 2

England: 277 & 19-0

West Indies: 154

Updated: April 19, 2023, 10:45 AM