Micron Forecasts Q4 Earnings Below Expectations, Raises Concern About Chip Down Cycle

Micron announced a significantly weaker than expected business outlook on Thursday. The company forecast adjusted revenue for the current quarter at $7.2 billion (nearly Rs. 56,800 crore), plus or minus $400 million (nearly Rs. 3,200 crore). This has raised concern that following nearly two years of strong demand, the industry was turning towards a down…

Apple Hikes iPhone 13 Series Price in Japan by a Fifth as Inflation Rises

Apple recently hiked the price of its flagship iPhone 13 smartphone in Japan, making the company’s handset much more expensive for customers in the country. The iPhone 13 model, which previously cost JPY 99,800 (roughly Rs. 58,500) now costs JPY 117,800 (roughly Rs. 60,000). The price hike comes as the country is battling a weakening…

Xiaomi 12 Lite Pre-Reservations Begin in Azerbaijan; Price, Full Specifications Leak Online

Xiaomi 12 Lite is up for pre-reservation in Azerbaijan. Ahead of the official release, a report suggests the price and full specifications of the Xiaomi 12 Lite. It is said to come with a triple rear camera unit, headlined by a 108-megapixel primary snapper. It could pack a 4,300mAh battery with support for 67W fast…