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1616845528 Philips home appliances business sold for 37 billion 1616845528 Philips home appliances business sold for 37 billion

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Philips home appliances business sold for $ 3.7 billion

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Philips later this week announced that it had signed an agreement to sell its home appliances division. The division, with 2020 revenues of € 2.2 billion, produces kitchen appliances, coffee machines, clothing care products and other household appliances. Its new owner will be the global investment company Hillhouse Capital. The transaction is expected to close in the third quarter of 2021 subject to normal closing conditions, including obtaining appropriate regulatory approvals.

The deal is estimated at around 3.7 billion euros. Upon completion of the transaction, Philips expects to receive revenues after taxes and transaction-related costs of around € 3 billion. In addition, Philips will enter into an exclusive licensing agreement to use the Philips brand and selected other Philips home appliance brands to manufacture, sell and market home appliance products worldwide for 15 years, renewable. Payments for this period total about 0.7 billion euros, bringing the total value of the transaction to 4.4 billion euros.

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Phones

Apple wants to use E Ink screens in the iPhone and iPad. The company is testing similar displays as auxiliary displays for flexible models.

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Apple wants to use E Ink screens in the iPhone

Apple may start using E Ink screens in its devices. Well-known analyst Ming-Chi Kuo spoke about this.

Apple wants to use E Ink screens in the iPhone and iPad.  The company is testing similar displays as auxiliary displays for flexible models.

Apple is testing an E Ink display for future foldable devices. The E Ink color display can be the go-to solution for foldable devices that need a cover or second screen due to its excellent power savings

Kuo says that Apple considers such screens as additional ones. For example, it can be a small secondary screen on a foldable iPhone or a screen on an iPad case.

E Ink screens only consume energy to change the image, so they are great for such tasks. We have already seen smartphones with such screens, so there is nothing new for the market.

When such devices can enter the market is not yet clear, but Apple may not release the first foldable smartphones until 2025, according to the same analyst.

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Components

A new era in the Windows mobile game console market. GPD has already received the Ryzen 7 6800U APU for the Win Max 2 console

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A new era in the Windows mobile game console market

With the release of Ryzen 6000 mobile processors, equipped with very powerful iGPUs, a new era of Windows handheld game consoles is dawning.

The Aya Neo 2 console with Ryzen 7 6800U was unveiled yesterday, and now GPD has boasted that it has already acquired a batch of the same APUs, so GPD Win Max 2 test models based on this platform should be ready by June. Judging by the entry, the company did not expect that it would be able to get the processors so quickly.

A new era in the Windows mobile game console market.  GPD has already received the Ryzen 7 6800U APU for the Win Max 2 console

GPD Win Max 2 was introduced back in March, but with a Core i7-1280P processor, but its graphics subsystem is no match for the iGPU in the Ryzen 7 6800U.

As a result, before the end of the year, at least two more portable set-top boxes with Windows that can handle modern games should appear on the market. True, apparently, in both cases we are talking about a Full HD screen, which creates an additional load on the GPU. For the same Steam Deck, the resolution is HD.

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Components

Nvidia unexpectedly updated the drivers for the “abandoned” GeForce GTX 600 and GTX 700 (Kepler). Users are advised to install the update

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Nvidia unexpectedly updated the drivers for the abandoned GeForce GTX

Nvidia has stopped updating Game Ready drivers for the GeForce GTX 600 and GTX 700 (Kepler family) since version 470, but now the company has made an exception and released a security update for them as part of the latest driver 473.47.

Nvidia unexpectedly updated the drivers for the

Nvidia points out that a number of nasty vulnerabilities have been found in previous versions of drivers for “abandoned” video cards. In the CVE (Common Vulnerabilities and Exposures) database of well-known information security vulnerabilities, they are rated 7 on a 10-point scale. Therefore, users of older graphics cards are advised to upgrade to the latest Game Ready driver. It is noted that the vulnerabilities have been fixed both in drivers for old video cards (Kepler in this case) and in drivers for new ones. For the latter, the WHQL driver number 517.77 is provided.

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