Recently, the OFILM group of corporations published its first half of the 2022 revenue report. While inspecting the information, we found that the company has collected a loss of 870 million yuan [12.5 million USD]. And seems like, the credit for the huge revenue loss of OFILM goes to Apple and Huawei.
OFILM is an advanced technology manufacturing and assembly company. The products and technologies help to build products related to smartphones, smart driving, and other consumer-based electronic devices.
How? Let’s learn about it in more detail.
To begin with, OFILM scored revenue of 7.78 billion yuan [1.12 billion USD] in the first of this year. In comparison to the previous year, when the company gained 11.74 billion yuan [1.69 billion USD], shows a yearly decrease of 2677.73 percent.
While the net profit of OFILM was around 33.897 million yuan [49 million USD] last year. This year, the company has drowned in a net loss of 870 million yuan [12.5 million USD]. And some or the other way, OFILM believes that the tech giants like Huawei and Apple are one of the reasons for the declination.
What are the other main reasons?
The corporation believes that in the first half of this year, some severe hurdles kept on arising in the global economic development. Consequently, the global supply chain remained stiff at the time. While industries like consumer electronics and smart cars have faced issues with insufficient raw materials and supply shortages.
On the flip side, manufacturers like Huawei and Apple have constantly maintained their position in the market by introducing extremely high levels of technology. Their strategic investment is quite advancing and can bind the consumers and their interests in their products.
However, the termination of purchasing relationships led by Apple, and the chip supply restrictions of Huawei made the company sink in the market. Describing some other consequential reasons for the downfall, the company said the following points:
- Affected by the elimination of purchasing other high sectors by Apple customers, which made a significant drop on the yearly basis.
- Changes in the international trade markets and global epidemics have affected consumer demands a lot.
- Restrictions on the supply of chips from Huawei for the smartphone business brought down the company’s products and made them low on the consumer platform.
- The exchange rate of USD to RMB fluctuated the revenue of OFILM and made a negative impact on the overall profits.
Though the company is still making efforts to come up with the challenges. Yet, we cannot say which efforts will bring positive changes to the OFILM group in the future.
US banned new equipments made by Huawei
It’s been a long time since the US administration is making accusations against Huawei and banned it as a national security threat. But there’s a new addition to this story.
According to Reuters, US federal communication on Friday said to adopt final rules and banned the sale or import of new equipment made by Huawei citing “an unacceptable risk” to U.S national security.
Other than Huawei, the US fed accused and stopped sales from China’s surveillance equipment maker Dahua Tech, Hikvision, and telecom firm Hytera communication.
FCC Chairwoman Jessica Rosenworcel said these rules are an important part of the US’s ongoing actions to protect the American people from national security threats involving telecommunications. However, Jessica didn’t cite any evidence of espionage.
So far, Huawei has not commented on this decision but the company has been continuously denying posing a security risk to the U.S.
FCC proposed such a ban on equipment and devices in a list of companies proposed last year. However, it’s derived from Entity List.
In 2019, the former U.S. president, Donald Trump announced the Entity List. It targets tech giants such as Huawei from getting key U.S. technologies to build new products such as smartphones or network equipment.
In the following year, FCC designated Huawei as a national security threat alongside ZTE. The US ordered to the removal of Huawei from the country’s network infrastructure. On the hand, the commission has passed a bill to provide 1.8 billion USD in assistance for service providers to remove Huawei-made gears.
Still, U.S. carriers need more funds than the actual one that was announced by the FCC. The subsidy will only cover around 20-40% of the equipment, while they’ll have to pay the rest of the price from their own funds.
The new ban on Huawei and other Chinese companies may create some headlines for the U.S. in the name of national security. Yet, the US is not showing any evidence of how Huawei poses national security.
Download Huawei Petal Search app (126.96.36.1991)
Petal Search is an amazing app and it continues to fill shoes as an all-in-one app compared to the Google app. Here we are completing a rundown of Huawei Petal Search features and how you can download the latest version 188.8.131.521.
The story of Petal Search started as a search engine but Huawei quickly added a lot of new features to this all in one mobile app. Beginning with the home screen, the app brings you a search bar with the ability to search via text input, voice, and image.
You have some categories for quick searches such as Top Apps, News, Sports, and Trending. That’s not it, the home page will offer you the latest news feed from different publications.
Once you tap on the nearby tab, there’s a whole lot you can see in there ready for you to explore. Yeah, this page is dedicated to services related to nearby places. These include top eating destinations, accommodations, shopping, beauty & salon, Toys & games, finance, transport, education, and health care.
Furthermore, you can search nearby places related to these categories via text or voice queries.
Petal Search makes it easy for you to search for what you want with features such as the camera. Yes, there’s a camera feature that will let you visually search on any on-view object for shopping, identity, translation, or bar code.
Petal Search is exceeding some bars, isn’t it?
Aside from these amazing accessibilities in a single app, Petal Search gets you an inbuilt shop. Yeah, the app also lets you shop for your favorite items and there’s a featured section that will tell you about the top offers on products.
Huawei is sending a new 184.108.40.2061 app update for the Petal Search app that comes with landscape view support for mobile and tablet user interface. It also has new customization options for the homepage.
Furthermore, the Petal Search 220.127.116.111 brings you optimizations as well as a multi-feature button called – On-Screen Lens.
Below you can download the latest version.
- Download Huawei Petal Search 18.104.22.1681 (Link)
Huawei Nova 20 and Nova 20 Pro chipset info leaked
Huawei Nova series will soon deliver its next device, Nova 20 and there are some inputs about its chipset already on the horizon. Yes, it’s exciting to know that Huawei has started preparing for new Nova smartphones.
A Weibo tipster suggests that Huawei Nova 20 and Nova 20 Pro will come with Qualcomm Snapdragon 7 Gen 1 and Snapdragon 8+ Gen 1 chipset respectively. The mobile processor for Pro model will be a low-frequency version. On the other hand, the tipster has not mentioned any other important specs of smartphones.
In comparison, Huawei Nova 10 and Nova 10 Pro brought Qualcomm Snapdragon 778G octa-core chip. It uses 4 × Cortex-A78 at 2.4 GHz + 4 × Cortex-A55 at 1.8 GHz architecture.
Upgrading the chipset in Huawei Nova 20 series will be a big sign of development for the consumers as well as performance. Currently, we don’t have any information on the specifications of these devices but we can look into Nova 10 series:
Huawei Nova 10 and Nova 10 Pro:
Huawei Nova 10 brings features a 6.67-inch and Nova 10 Pro with 6.78-inch OLED. The screen has a curved edge with a pill and center hole punch design.
Both of these models share the same rear camera system including 50 MP Ultra Vision Photography (f/1.9 aperture), 8 MP Ultra-Wide Marco Camera (f/2.2 aperture), and 2 MP Portrait Depth Camera (f/2.4 aperture).
The camera design is eye-catching and you will adore the aesthetics of that vertical ring camera design.
What’s interesting? The Huawei Nova 10 and Nova 10 Pro offers powerful selfie camera. It has a 60MP ultra-wide angle selfie camera (f/2.4 aperture) on the standard. While the Pro model brings an additional 8MP portrait close-up camera with 5X zoom-in capability.
These Nova 10 models pack big batteries that could recharge fast featuring 66W and a whopping 100W supercharge.
These are just some specs on paper but there is a lot these two smartphones could achieve in reality. That’s why we’re excited about the Huawei Nova 20 series and we’ll get to hear more as we move toward its launch.
(source – Weibo)