Technology For Samsung and Apple, cobalt is an increasingly precious metal
Apple iPhone X: This Is Why Users Refused to Upgrade
Speculation is rising Apple will release three new models in 2018.Speculation over the sales performances of Apple’s latest smartphones, the iPhone X and iPhone 8, have dogged the Cupertino tech company for months, as rumors swirled following the alleged cutting of production of organic light-emitting diode (OLED) screens produced by Samsung in Seoul, South Korea.
According to a new report from Bloomberg, Samsung has joined Apple in taking an unprecedented step to secure cobalt supplies for its next-generation smartphones. Samsung C&T, one of the many arms of the Samsung conglomerate, is reportedly negotiating directly with a mine in the Democratic Republic of Congo to secure cobalt.
The element is an important component in the rechargeable batteries used in smartphones, but increasing competition — particularly from electric car manufacturers — has made an already-scarce element even more valuable.
The report on Samsung’s activities followsthat Apple was also in negotiations with a miner to secure cobalt supplies. Samsung’s case makes a little more sense — the firm manufactures some batteries in-house, whereas Apple contracts out all battery manufacturing — but it’s still an unusual move for Samsung to go directly to the miners.
Android beats iOS in smartphone loyalty, study finds
Samsung's new Galaxy S9 may not quite live up to the iPhone X when it comes to Samsung's implementation of a Face ID-style system or its odd take on AR emoji. But that's not going to matter much to Samsung device owners - not only because the S9 is a good smartphone overall, but because Android users just aren't switching to iPhone anymore. In fact, Android users have higher loyalty than iOS users do, according to a new report today from Consumer Intelligence Research Partners (CIRP).The research firm found that Android brand loyalty has been remaining steadily high since early 2016, and remains at the highest levels ever seen.
Although the electric car market is still relatively small right now, auto manufacturers are preparing for a steep increase in demand for electric vehicles in the next few years. That will stress the world’s supply of cobalt, and that reality is reflected in the current price. Bloomberg notes that Cobalt prices have soared from a little over $20,000 per metric ton back in September 2016 to $80,000 per metric ton right now.
That’s caused the companies that rely on cobalt the most to go directly to the miners and sign contracts to ensure future supplies, while also locking in a price to hedge against future price increases. Two-thirds of the world’s cobalt production comes from the Democratic Republic of Congo, a region not exactly known for its stability.
Apple is engaged in a global effort to safeguard its next game-changing technology .
Apple is working on a secret display technology that will soon be used in its products, including the iPhone. But Apple appears to be very aggressive about defending its innovations in a field that’s dominated by its rivals.
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Samsung Responds to Note 7 Environmental Impact
Samsung responds to the environmental impact of its recalled Galaxy Note 7 smartphones on Thursday Nov. 3.
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