Technology
According to research, India will probably sell 1 million foldable smartphones by 2026
According to new data released on Monday, India currently sells close to 3,000 units of foldable smartphones annually, with sales expected to reach 10,000 units by 2026.
According to market research firm CyberMedia Research, the number of foldable smartphone shipments in the nation is predicted to increase 20 times by 2026, or by approximately 64% CAGR (CMR).
With Samsung at the forefront, sales of foldable phones have increased four times since 2020 in the nation, with the Fold device capturing 61% of the market and the Flip model reaching 39%.
According to TM Roh, President and Head of Mobile Business at Samsung, this rapid growth will persist.
You “will see that the impact of our innovation is not only about what technology can do,” he claimed, referring to the upcoming “Galaxy Unpacked” event on August 10.
The Galaxy Z Flip 4 and Galaxy Z Fold 4 next-generation foldable smartphones are anticipated to be unveiled at the online “Galaxy Unpacked” event.
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The Cabinet Committee on Security (CCS) approved the acquisition of 31 Predator drones last week.
India will procure 31 Predator drones from the US defense major, General Atomics, under a government-to-government framework, officials said on Tuesday.
The two countries today signed the much-anticipated deal.
The Indian Navy will get 15 Sea Guardian drones whereas the Indian Air Force and Army will receive eight Sky Guardian drones each, reported PTI.
Under the ₹32000 crore deal, a maintenance, repair and overhaul facility will also be launched in India, The deals were signed by both sides in the presence of senior officials, said defence officials.
The Cabinet Committee on Security (CCS) approved the acquisition of 31 Predator drones last week.
The American team of military and corporate officials are in India for the inking of these contracts.
Top Indian defence officials, including Joint Secretary and Acquisition Manager for the naval systems, were slated to be present during the signing ceremony.
India had been discussing the deal with the US for many years but the final hurdles were cleared a few weeks ago at the Defence Acquisition Council meeting.
What are Predator drones?
The MQ-9B ‘hunter-killer’ drones will crank up the surveillance apparatus of the armed forces, especially along the contested frontier with China.
In June last year, the Defence Ministry approved the procurement of the MQ-9B Predator armed drones from the US under a government-to-government framework.
The MQ-9B drone is a variant of the MQ-9 “Reaper” which was used to launch a modified version of the Hellfire missile that eliminated al-Qaeda leader Ayman al-Zawahiri in the heart of Kabul in July 2022.
Also read: Centre clears crucial plan for submarines, Predator drones
The high-altitude long-endurance drones are capable of remaining airborne for over 35 hours and can carry four Hellfire missiles and around 450 kgs of bombs.
The Sea Guardian drones are being procured as they can carry out a variety of roles including maritime surveillance, anti-submarine warfare and over-the-horizon targeting among others.
The high-altitude long-endurance drones are capable of remaining airborne for over 35 hours and can carry four Hellfire missiles and around 450 kgs of bombs.
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