Samsung Galaxy A8s now expected to launch a week before Huawei Nova 4

There is a fight brewing between Samsung and Huawei on who will come out on top to launch the first smartphone with a punch hole display. Previously, it was expected that the Galaxy A8s would launch in January, leaving Huawei in the clear to launch the Nova 4 in December. It now seems Samsung wants to get out in front by announcing the Galaxy A8s on December 10, a full week earlier than the Nova 4.

Huawei sent out invites for the launch of the rumoured Nova 4 with a display hole on December 17. Some fresh reports have now spotted a Samsung invite for a launch event on December 10. The invite shows an outline of what is likely the Galaxy A8s with the much talked about Infinity-O display and a tagline that reads “Realm Galaxy”. The invite clearly shows the small punch hole-style hole on the top left corner that will house a selfie camera.

The Infinity-O display that Samsung is working on will offer a hole within the display rather than a traditional notch on the top of the display. This Infinity-O display will first come to the Galaxy A8s before it shows up on the Galaxy S10 flagship. Meanwhile, Huawei is also working on a similar display panel with a hole for the selfie camera, although we are unsure what the company is calling this display. Notably, the LCD panels on both the Galaxy A8s and the Nova 4 are made by BOE.

As per past reports, the Galaxy A8s will get a 6.39-inch screen and will be powered by a Snapdragon 710 chipset coupled with up to 6GB of RAM. The Galaxy A8s is also tipped to house a 3,400mAh battery. The Galaxy A8s is also expected to be the second Samsung phone after Galaxy A7 to sport a triple rear camera system. This system is said to include a 25MP + 5MP + 10MP configuration, but the nature of the sensors are still unknown.

[“source=cnbc”]

Sterlite Power plans $4 billion investment in projects in Brazil by 2022

Sterlite Power plans $4 billion investment in projects in Brazil by 2022Sterlite Power is planning an investment of $4 billion by 2022 in power projects in Brazil where it has won orders last year to build transmission lines, the company said on Saturday.

Sterlite Group Chief Executive Pratik Agarwalsaid in a statement that the company is looking to grow rapidly in the country and establish its headquarters in Sao Paulo as a base for future expansion.

“We have already committed ourselves to $1 billion (in projects). And we are open to expanding this in three to four times over the next three to four years,” he said. In this direction, Sterlite has already structured a local team and is currently looking for an experienced executive to take command of Brazilian operations to lead an expansion that may pass in the short or medium term to other countries.

“Sao Paulo will be our headquarters in Latin America to look beyond Brazil,” Agarwal said.

In this regard, he cited Argentina, Chile, Mexico and possibly Peru as potential countries of interest, and pointed out that the push to these markets could take place over a period of 1-3 years.

Besides participating in government auctions for new projects, Sterlite will also evaluate possible acquisitions as part of its strategy in Brazil, the Chief Executive said.

In its first bid in Brazil in April, Sterlite took out a broadcast concession with a discount of 58.9 per cent over the government’s maximum allowable revenue for the project.

The company also took one more project at the same auction and a third at another in December, where it bagged the largest project on offer.

The construction of these lines already sold will require about $1 billion, the statement said.

According to Agarwal, the company’s strategy is to have a good return even after the high discounts through intensive use of technology, good planning of works and advance delivery of the lines, which help generate additional revenue.

The company has already secured funding and all environmental licenses for one of its three projects and there is great confidence in being able to deliver them in advance, it added.

source:-energy.