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1612021912 Canons net profit fell by a third 1612021912 Canons net profit fell by a third

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Canon’s net profit fell by a third

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Canon has published a report for the next quarter. Since this was the fourth quarter of 2020, the report also contains data for the year as a whole.

Quarterly revenue on an annualized basis remained almost unchanged, being less than in the fourth quarter of 2019, just 0.8%. At the same time, the operating profit was increased by 45.4%, and the net – by 64.3%.

In terms of full year 2020, revenue was $ 30.387 billion. This is 12.1% less than in 2019. Operating income for 2020 was $ 1.063 billion, 36.6% less than reported in 2019. Net income after taxes in 2020 was $ 801.1 million. This indicator decreased by 33.3% in comparison with the previous year.

The authors of the report note the negative impact of the COVID-19 pandemic. According to them, the gradual recovery in the main markets for Canon products began only in the second half of the year.

If we look at the dynamics by line of business, sales of office printers and MFPs, as well as supplies for them, decreased compared to 2019 due to the closure of offices. Digital camera sales also declined, but they exceeded expectations in the second half of the year, driven by consumer interest in the full-frame mirrorless EOS R5 and EOS R6. Due to the shift to remote work and training, sales of inkjet consumer printers were significantly higher than in 2019, but sales of medical equipment decreased. The report noted strong demand for lithography equipment for the production of semiconductor products and OLED panels. At the same time, sales of lithographic equipment for the production of liquid crystal panels decreased compared to 2019.

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One of the largest retail chains in India, Reliance Retail, began accepting digital rupees as part of a pilot project.

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One of the largest retail chains in India Reliance Retail

Major Indian retailer Reliance Retail has implemented support for digital rupee payments in one of its Freshpik stores and plans to expand this experience to all formats of the network.

One of the largest retail chains in India, Reliance Retail, began accepting digital rupees as part of a pilot project.

V Subramaniam, chief executive of Reliance Retail, noted that the adoption of a central bank digital currency (CBDC) is in line with the firm’s vision of providing “choice” to Indian consumers. The executive also emphasized that this initiative gives the firm the opportunity to offer an alternative payment method in its stores.

To make a purchase, customers only need to scan a QR code.

“Indians will get another efficient and secure alternative payment method” — said the top manager.

The deployment of CBDC was made possible through collaboration with ICICI Bank, Kotak Mahindra Bank and Innovative Technologies.

Plans for the country’s CBDC were laid out by the Reserve Bank of India (RBI) on October 7, 2022. The country’s central bank has identified various factors, including the potential positive and negative impact of the digital rupee on the country. According to the RBI, one of the motivations for creating a CBDC is to reduce the operating costs of managing cash.

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Overtaken by TikTok: ChatGPT has become the fastest growing online service in the world

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Overtaken by TikTok ChatGPT has become the fastest growing online

The ChatGPT neural network turned out to be the fastest growing online service in the world. It took only 2 months to reach an audience of 100 million people a month, Reuters reported. A similar figure for TikTok was reached in 9 months. The very same public version of ChatGPT was launched on November 30, 2022, and not even in all countries.

Overtaken by TikTok: ChatGPT has become the fastest growing online service in the world

Note that other online services, social networks or platforms have reached such a figure in only a few years.

Also today, OpenAI introduced ChatGPT Plus, a paid version of the chatbot for $20 per month. However, it is only available in the US and by appointment only.

And Microsoft plans to add a new GPT-4 language model to its Bing search engine, which hasn’t even been announced yet. In addition, the ChatGPT mobile application and a neural network for generating video by text queries are expected.

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A visual comparison of the sizes of cooling systems of all three Samsung Galaxy S23 smartphones with its predecessors

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A visual comparison of the sizes of cooling systems of

It seems that Samsung took into account the problems with the Galaxy S22 line of smartphones and did not repeat them in new devices when it comes to cooling systems.

Well-known insider Ice Universe has published a visual comparison of the approximate sizes of cooling systems in each flagship of the past generation and the new one.

A visual comparison of the sizes of cooling systems of all three Samsung Galaxy S23 smartphones with its predecessors

A visual comparison of the sizes of cooling systems of all three Samsung Galaxy S23 smartphones with its predecessors

As you can see, all systems have become noticeably larger, and in the younger model, instead of a graphite film, an evaporation chamber has appeared.

Whether this is enough for the new products not to overheat and not throttling so much, tests will show, but the performance, as we can already see, is really good. Recall that today we also saw a comparison of the Galaxy S22 Ultra and S23 Ultra cameras.

Ice Universe was the first to accurately talk about the new trend for smartphones with waterfall screens, about the notch in the iPhone X, about the new design of the iPhone 14 and about Samsung’s 200-megapixel image sensor.

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