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G7 Representatives Endorse Key Policy Principles for Central Banks Digital Currencies

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Officials from the G7 countries have endorsed 13 public policy principles for central bank digital currencies, saying they should be based on transparency, the rule of law and sound economic governance.

“Innovation in digital money and payments can bring significant benefits, but it also raises significant public policy and regulatory issues,” the G7 finance ministers and central bankers said in a joint statement.

“Strong international coordination and cooperation on these issues helps to ensure that innovation in the public and private sectors will bring domestic and international benefits while being safe for users and the financial system as a whole,” the document also says.

The statement was released following a meeting in Washington during the annual meetings of the International Monetary Fund and the World Bank under the chairmanship of UK Treasury Secretary Rishi Sunak.

Representatives of the G7 believe that central bank money in the form of digital currencies (Central Bank Digital Currencies or CBDC) will complement cash and can act as a liquid, secure asset for settlements and the backbone of the payment system.

The principles reflect the importance of strict requirements for privacy, cybersecurity, user data protection, and transparency of how information will be protected and used. Digital currencies must be energy efficient and operate in an open competitive environment. At the same time, the need to minimize any harmful spillover effects for the international monetary and financial system was noted.

Note that no G7 country has made a decision to issue CBDC yet.

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Top 10 SSD manufacturers cut shipments by 15% in 2020, according to TrendForce

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A little more than two months remain until the end of 2021, and TrendForce experts have just analyzed the situation with the supply of SSD modules in 2020. They concluded that the COVID-19 pandemic had a significant impact on the supply of these products. Affected by the disruption of production and logistics processes, which began in the second quarter, when governments around the world began to impose restrictions, in their opinion, necessary to combat the pandemic. As a result, the supply of SSDs to the channel (retail sales) amounted to 111.5 million units, which is 15% less than in 2019. As for the market leaders, the top three remained unchanged: Kingston, Adata and Kimtigo.

Analysts clarify that when looking at the overall solid-state drive market, NAND flash vendors, led by Samsung, accounted for about 35% of total shipments in 2020, with solid-state drive module makers accounting for the remaining 65%. The top ten module manufacturers provide 71% of SSD shipments per channel. Their shares are shown in the press release published by TrendForce in the form of a table:

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PC sales in EMEA continued to grow in the past quarter despite component shortages and weaker buying activity

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Experts from the analytical company IDC have summed up the results of the third quarter of 2021 in the market of “traditional” PCs, which in IDC include desktops, laptops and workstations, in the EMEA region, which includes Europe, the Middle East and Africa. continued to grow in the second quarter of 2021. During the quarter, 24.4 million systems were shipped, corresponding to an annualized growth of 12.7%. According to analysts, the growth was driven by sales in the commercial segment, offsetting the decline in sales in the consumer segment due to a lack of components and a decrease in purchasing activity.

Interestingly, in Western Europe, desktop sales rose 21.8%, surpassing notebooks, which grew only 13.1% for the first time in six quarters.

The market leader is HP, which was able to increase sales by 15.0% over the year, which led to an increase in its share from 24.4% to 24.9%.

In second place is Lenovo. This company managed to increase sales by 13.0%, as a result of which its share increased from 22.7% to 22.8%.

Dell ranks third. Over the year, it increased sales by 43.4% (by the way, this is the best indicator in the top five manufacturers), which led to an increase in its share from 10.6% to 13.5%.

The fourth place belongs to Asus, which increased sales by only 0.6%. As this figure is less than the average, Asus’ share has decreased from 9.2% to 8.2%.

Acer Group closes the top five. Having increased sales by only 2.7%, this manufacturer also lost part of the market: its share decreased from 8.9% to 8.1% over the year.

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Over 80% of China Cloud Gaming Users Subscribe

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Game streaming has the potential to revolutionize the gaming industry, according to analytics firm Strategy Analytics. By eliminating the need for expensive hardware, game streaming services could potentially make up the concept of gaming hardware generations of the past, making any portable device suitable for gaming. What’s more, streaming games over the internet can change games in the same way Netflix changed video. But for this it is necessary to solve certain problems, analysts are sure.

They conducted a consumer survey in the US, UK and China looking at user preferences for cloud gaming subscription services using smartphones and tablets. It turned out that consumers in China play games on their smartphones and tablets significantly more often than consumers in any other region, regardless of age or smartphone brand. At the same time, subscription rates in China are also much higher.

Interestingly, in the US and UK, there is a smaller proportion of those who use a subscription. It does not exceed 40%. At the same time, more than 80% of cloud gaming users in China become their subscribers.

Analysts point out that cloud services provide the ability to play high-end PC games on tablets or computers, but it is difficult for providers to provide an acceptable quality of service. High bandwidth, low latency 5G networks are making the difference, so mobile gaming is expected to improve as they roll out.

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