Tag - Pantech
Things have gone from bad to worse for South Korean smartphone manufacturer Pantech. After filing for a debt restructuring in February, it asked was forced to ask for a deadline extension in July to pay off its creditors. It turns out that the interest-free, two-year extension granted in August wasn't long enough, as the company is now searching for buyer after filing for court receivership.
Beleaguered Korean electronics manufacturer Pantech is seeking help to restructure and modify its debt. The company contacted its creditors earlier this week, hoping that it can either stop or slow its payments and keep the company alive, even after a year that saw Qualcomm and Samsung each buy 10 percent of the company.
Pantech has expanded its Vega range with another smartphone that can read fingerprints. The Vega Secret Up has a smaller 5.6-inch 1080p display compared to the Vega Secret Note, and while it has relatively similar internal specifications, there are a few small changes to make it slightly cheaper than its recent predecessor.
Together the iPhone and the iPad currently represent about 14 percent of South Korean mobile devices, according to new tracking data from Flurry. In all, there are about 33 million smartphones and tablets in use in the country. Most of these are made by local firms; Samsung has a 60 percent share, while LG is in second at 15 percent. Pantech -- a marginal device maker in the US -- controls a 10 percent share in its home country. The remaining 1 percent in Korea is split between all other Android device makers.
Pantech is adding to its Vega smartphone range with another device, one which introduces some extra privacy features. The Vega Secret Note, complete with a 5.9-inch 1080p display, sports a rear-mounted fingerprint sensor which can be used to not only unlock the device, but to also reveal hidden notes, photos, and videos stored on the device from view.
Pantech is updating its Vega smartphone line to include a smartphone with an integrated fingerprint reader on the rear of the device, similar to the initial rumors of the LG G2. The Vega LTE-A provides support for LTE-Advanced over SK Telecom's network in South Korea, something that will allow it to connect at a speed of up to 150Mbps.
Samsung has bought a 10 percent stake in South Korea-based mobile producer Pantech. The purchase of shares in the country's third-largest smartphone manufacturer, reported to be worth 53 billion won ($47.6 million), will make Samsung the third-largest stake holder, just behind Qualcomm and the state-owned Korea Development Bank.
Pantech has introduced another device in its range of Vega smartphones. The Vega Iron adds a minimalistic 2.4mm (0.1-inch) bezel to a five-inch 720p display, creating a mobile phone with a viewable area hitting 75.5-percent of the total area available on the front, something the manufacturer believes is the "world's best implementation."
Pantech has revealed its first smartphone with a full HD display, succeeding the 5-inch Vega S5 the company unveiled in July. The Vega No. 6 phablet has a 1920x1080-resolution IPS screen measuring 5.9-inch diagonally, which is claimed by Pantech be the first in South Korea of it's size to be able to use an LTE data connection.
An upcoming smartphone should be close to an official announcement as EVLeaks has, yet again, shared a live photo of the Pantech Magnus. The smartphone previously showed up undergoing FCC testing, so it should be ready for launch, with all indications pointing to AT&T offering it. The phone should be fairly advanced, offering quad-band LTE network support and a dual-core Snapdragon S4 processor.
Now AAPL Stock: 104.21 ( -0.13 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE