Chinese electronics firm LeEco is buying American TV manufacturer Vizio for $2 billion. The acquisition was announced during a press event this morning in Los Angeles, giving LeEco an instant foothold in the US television market. Under the deal, Vizio will be operated as an independent subsidiary, with the company's current executive team staying in place and working out of its offices in Southern California sans Vizio founder and CEO William Wang, who is leaving the company. No replacement has been named, but Wang will be taking the reins as chairman and CEO of Inscape, Vizio's data business, which is being spun out into a privately held company. LeEco will own 49 percent of Inscape, with Wang owning the remaining 51 percent. The LeEco deal is expected to close in the fourth quarter of this year.

In what seemed to be more of a eulogy than a press conference, Wang described the company's humble beginnings, and how it had fought through early challenges, parts shortages, and the global financial crisis as it slowly slugged its way to success. "We had to fight through competition from all over the world," he said, before lauding most of Vizio's senior leadership team one by one.
"I have mixed feelings," he admitted about the deal. "As the owner and father of Vizio, I am very reluctant to let it go. But as the CEO and owner of the company, I know this is the right decision to make for our hard-working employees and loyal shareholders."
Author : Saatvik Awasthi
The 850 EVO, first introduced in 2014, popped up for sale last week in a 4TB configuration at some online retailers with no official announcement from Samsung. A 4TB Samsung 850 EVO SSD can now be yours: for a cool $1,500. The other versions are 250GB, 500GB, 1TB, 2TB. There are few consumers for whom the drive's capacity and speed will offset its astronomical price, but if you are one of them, you can pre-order yours now and expect it to ship on July 31. Just make sure you're home for the delivery guy; Amazon understandably requires a signature.
There are larger SSDs, of course. Samsung claims that a 16TB model it began shipping in March is actually the world's highest-capacity SSD, though that one uses a 12Gb/s SAS interface designed for use in enterprise storage systems, not consumer desktops or portables.
Author : Saatvik Awasthi
As Nokia will return to the market in 2016 we have been seeing a lot of upcoming Nokia smartphones around. This time we want to show you the live images of Nokia C1, an Nokia Android smartphone that is inspired from an already released Nokia tablet. This Nokia C1, according to the news, will likely be Nokia’s new smartphone for 2016. And what makes it very appealing is that, the Nokia C1 will have a mid-range price tag.
Nokia is still having their secret well kept about the official Nokia C1 specs. However, from the leaks, we now know that the Nokia C1 display will sport a 5.5″ FHD Screen. As a mid-ranger, Nokia C1 will feature 4GB RAM and 16GB internal storage. The Nokia C1 camera is said to be an 20MP Pureview combined with a 8 MP selfie shooter, which reminds us of Nokia E1. Also, a 64-BIT Mediatek CPU is expected to keep the price low and the performance high.
A new wave of removable storage is coming: Samsung today unveiled the industry's first Universal Flash Storage (UFS) cards. UFS promises read speeds up to five times faster up to 530 megabytes per second and write speeds twice as swift.
Available in 32GB, 64GB, 128GB, and 256GB storage capacities, Samsung's UFS cards are aimed at high-resolution mobile shooting devices, like DSLRs, 3D virtual reality cameras, action cams, and drones. Samsung said its UFS cards can read a 5GB, full-HD movie in about 10 seconds, compared to 50 seconds on a typical UHS-1 microSD card with 95MB/s of sequential reading speed.
Author : Saatvik Awasthi
Source : Click Here
Contrary to earlier reports, a new leak suggests that Mi 5's successor, dubbed Mi 5s, will sport a full-HD 5.5-inch display instead of a 5.15-inch display like its predecessor.
Last month, leaks regarding the mobile phone suggested that it is scheduled to arrive in second half of the year and will pack 6GB of RAM.
All the other features that were leaked last month are in line with the new leaks. The smartphone is rumoured to be equipped with Force Touch screen, expected to work on similar lines with Apple's 3D touch. Some of the other rumoured features on the Xiaomi Mi 5s include Qualcomm's ultrasonic fingerprint sensor, and a dual rear camera setup.
Along with Xiaomi Mi 5s, the company is rumoured to be working on next-generation Mi Note smartphone which is expected to come in three models - standard, high, and top-end. According to the leaked details, the alleged "standard" variant will feature single rear camera setup, Hi-Fi chip, and will also support quick charging. The high variant of Mi Note 2 is rumoured to pack a dual camera setup at the back in addition to the standard version.
Samsung Electronics announced that it has begun mass producing the industry’s first NVMe* PCIe solid state drive (SSD)
in a single ball grid array (BGA) package, for use in next-generation
PCs and ultra-slim notebook PCs. The new BGA NVMe SSD, named PM971-NVMe,
features an extremely compact package that contains all essential SSD
components including NAND flash memory, DRAM and controller while
delivering outstanding performance.
“Samsung’s new BGA NVMe SSD triples the performance of a typical SATA
SSD, in the smallest form factor available, with storage capacity
reaching up to 512GB,” said Jung-bae Lee, senior vice president, Memory
Product Planning & Application Engineering Team, Samsung
Electronics. “The introduction of this small-scale SSD will help global
PC companies to make timely launches of slimmer, more stylish computing
devices, while offering consumers a more satisfactory computing
environment.”
Configuring the PM971-NVMe SSD in a single BGA package was enabled by
combining 16 of Samsung’s 48-layer 256-gigabit (Gb) V-NAND flash chips,
one 20-nanometer 4Gb LPDDR4 mobile DRAM chip and a high-performance
Samsung controller. The new SSD is 20mm x 16mm x 1.5mm and weighs only
about one gram (an American dime by comparison weighs 2.3 grams). The
single-package SSD’s volume is approximately a hundredth of a 2.5” SSD
or HDD, and its surface area is about a fifth of an M.2 SSD, allowing
much more design flexibility for computing device manufacturers.

In addition, the PM971-NVMe SSD delivers a level of performance that
easily surpasses the speed limit of a SATA 6Gb/s interface. It enables
sequential read and write speeds of up to 1,500MB/s (megabytes per
second) and 900MB/s respectively, when TurboWrite technology is used.
The performance figures can be directly compared to transferring a
5GB-equivalent, Full-HD movie in about 3 seconds or downloading it in
about 6 seconds. It also boasts random read and write IOPS (input output
operations per second) of up to 190K and 150K respectively, to easily
handle high-speed operations. A hard drive, by contrast, will only
process up to 120 IOPS in random reads, making the new Samsung SSD more
than 1500 times faster than an HDD in this regard.
The PM971-NVMe SSD line-up will be available in 512GB, 256GB and
128GB storage options. Samsung will start providing the new SSDs to its
customers this month worldwide.
As a leading SSD provider, Samsung has a history of introducing
advanced SSDs ahead of the industry. In June 2013, Samsung introduced
XP941 SSD in M.2 (mini PCI-Express 2.0) form factor (80mm x 22mm), which
was also the industry’s first PCIe SSD for PCs. Now, Samsung plans to
rapidly expand its market base in the next-generation premium notebook
PC sector with the new high-performance, BGA package, NVMe SSD. Later
this year, Samsung plans to introduce more high-capacity and ultra-fast
NVMe SSDs to meet increasing customer needs for improved performance and
greater density.
Author : Anushk Keshri Rastogi
Source : Samsung Newsroom
A few hours ago AMD shook up the PC community when it announced the RX 480, which will be a -get this-, $200 dollar graphics card that will rub shoulders with the much loved R9 390 and the GTX 980, and at a much lower price point.,
The card will apparently run on a 256-bit bus, which as we posted according the rumours earlier will be the same as the GTX 1060. The power consumption is stated as 150 W which, though lower than the previous generation cards this matches in graphics power, is comparable to the GTX 1070 and it's expected that the 1060 should definitely be lower than this.
From the chart above, you can see that the card will come in 4 and 8GB variants. perfect for tackling VR requirements or gaming at 4k. The Radeon RX 480 will also expand the total overall market for virtual reality—a key new battleground for computing. AMD’s been beating the drum loudly with its LiquidVR development kit initiative and the Radeon Pro Duo, a dual-GPU beast of a graphics card devoted to VR game development.
As far as the form factor and aesthetics are concerned, the RX seems to be continuing the legacy of the Nano and the Fury X, slick, black and minimal.
With the release of the 480, AMD has officially just steamrolled all over the mid-range graphics cards market. There's absolutely no reason to buy a 950, 960 or even a 970 now, and the same applies to the 370, 380 and their predecessors. The hype for the Vega family cards has also significantly increased.
Your move, Nvidia.
Author: Ishaan
Source: AMD livestream