Reuters:
Sources: Apple, Samsung, and Xiaomi express concerns over India’s home-grown GPS plan, arguing integrating the system would be costly and require new hardware — India is pushing tech giants to make smartphones compatible with its home-grown navigation system within months …
David Simmons / Business News Australia:
Sydney-based Advanced Navigation, a developer of AI robotics and navigation technology, raised a $68M Series B led by KKR, bringing its total funding to $85M+ — Moon-bound artificial intelligence robotics and navigation company Advanced Navigation has today announced the signing …
Jon Porter / The Verge:
Xiaomi announces the flagship €599 12T, featuring a 108MP camera, and €759 12T Pro, featuring a 200MP camera, both with 6.67-inch displays, available October 13 — Xiaomi has officially announced its flagship smartphone lineup for the second half of the year — the Xiaomi 12T and 12T Pro.
Tracy Qu / South China Morning Post:
Canalys: smartphone shipments in India fell 6% YoY to 44.6M units in Q3 2022; Xiaomi shipped 9.2M units, down 18% YoY, for a 21% share, followed by Samsung — Xiaomi Corp held onto the top of the leaderboard in India ‘s vast smartphone market, despite the sector’s overall decline …
Kris Holt / Engadget:
Google’s Project Zero reported five security flaws in devices with Mali GPUs in the summer, but Samsung, Xiaomi, Google, and others are yet to release patches — Google has disclosed several security flaws for phones that have Mali GPUs, such as those with Exynos chipsets.
Che Pan / South China Morning Post:
Chinese media reports: Xiaomi plans to lay off ~15% of its 35,314 employees amid weaker sales due to China’s COVID-19 lockdowns and slower consumer spending — Chinese smartphone giant Xiaomi, which has an ambitious goal of unseating iPhone maker Apple from the No 1 spot globally by 2024 …
FinSMEs:
Swift Navigation, which makes high-accuracy GNSS hardware for advanced driver-assistance systems, raised a $100M Series D, bringing its total funding to $200M+ — Swift Navigation, a San Francisco, CA-based tech company redefining GNSS, ADAS and autonomy, industrial machine control …
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