SK Telecom and Samsung will collaborate in 5G research and development as South Korea gears up for the imminent rollout of the next-generation network.
Specifically, the two will collaborate in mobility enhancement for 3.5GHz and 28GHz millimetre-wave (mmWave) spectrum bands, widen coverage, and enhance 5G use cases.
South Korean telecommunication carriers are expected to deploy 5G for consumers in March next year, but enterprise clients will start using the network in trials next month.
28GHz has a wide spectrum but short distance, while 3.5GHz is the opposite. The two companies will build tech to utilise both, in order to increase data transfer rates and distances.
The two will also build tech to widen the coverage of 28GHz mmWave spectrum.
SK Telecom said these developments will help augmented reality, UHD videos, and autonomous vehicles services deploy seamlessly.
The South Korean telecommunications carrier was the first to announce its preferred bidders for 5G equipment; it chose Samsung, Nokia and Ericsson while excluding Huawei. Later, compatriot KT also chose the three companies, while LG Uplus included the Chinese vendors.
SK Telecom and Samsung are also close partners in the development of 5G standalone equipment.
Earlier this month, Samsung said the second 5G standard, Release 16, will be set next year in December to pave the way for autonomous vehicles and smart factories.
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How To Back Up Your Mac To iCloud
iCloud can come in clutch in a variety of situations. For example, you may not need to wrestle with Migration Assistant when setting up a new Mac if you’ve backed up all your important data to iCloud. However, there’s a reason Apple still puts Time Machine on every Mac the company sells: Time Machine backs up your Mac’s entire system, including all your apps and files. Not only that, but Time Machine also keeps a version history of every change you make to your Mac on an hourly and daily basis.
Depending on the sizes of both your Time Machine drive and your Mac’s internal storage drive, your Time Machine history could stretch back days, months, or even years. Time Machine can be a real lifesaver, too, if the developer of an app you use stops publishing it since you can always just reinstall it from your Time Machine backup. You almost can’t have too many backups of your important data, so there’s not much reason not to take advantage of both Time Machine and iCloud when protecting the files on your Mac. And since both options handle backups differently than the other, you’re not getting duplicate backups but rather a more expansive backup overall.
Honda Prologue EV SUV Gets First Design Preview Ahead Of US Launch
Honda has big ambitions for the Prologue, though we’ve expressed skepticism about the automaker’s projected sales targets in the past. Since then, of course, the world has changed considerable. The global fuel crisis — led in no small part by Russia’s invasion of Ukraine — has seen prices spike worldwide, and the car market could have taken on a much different shape by the time Honda’s EV finally hits the ground in 2024. As reported by The Washington Post on May 18, 2022, United States Treasury Secretary Janet Yellen stated that the cost of gasoline has increased by $4 across the country, and there’s no expectation for that to change any time soon.
That requires actually building EVs to meet demand, however, something every automaker has experienced issues with in the past few years. The impact of the ongoing COVID-19 pandemic on global supply chains has been considerable, and shows no signs of alleviating any time soon. Honda may have plenty of demand for the 2024 Prologue, then, but whether it can actually meet that remains uncertain.
At least the dealerships themselves should be ready for the EV future, even if production lines aren’t necessarily at capacity. The early designs for the modular, charging station-equipped locations show a layout that Honda claims will scale according to the total number of EVs it actually sells. The automaker plans to roll out 30 different EV models by 2030, using not only Ultium but its own Honda e:Architecture, at which point it also expects to have sold a whopping 500,000 EVs overall.
The Real Reason Michael Burry Bet Millions Against Apple
Wright explains that Buffett is a long-term investor while Burry shorts stock on short-term plays. Buffett is not in the business of predicting company stock prices but invests in companies that he believes have business value down the road. Burry, on the other hand, is looking at what Apple stocks will do in the near future. Inflation, supply chain issues complicating the technology sector, China’s COVID-19 lockdowns, and the performance of NASDAQ are bound to affect Apple stock in the short term.
Burry has been open about his vision of the market, assuring that “the greatest speculative bubble of all time in all things” is inevitably leading to the “mother of all crashes” with investors piling up on cryptocurrencies (via Business Insider). Burry’s put options on Apple stocks give him the right (but not the obligation) to sell shares at a certain price, at a certain time. “If Apple doesn’t fall beneath a certain price by that time, the put options would expire worthless,” Billy Duberstein explains in a separate post for Fool.
Benzinga adds that Burry’s bearish position is valued at around $36 million if he exercises it. It is the largest position in his portfolio. Apple stock had a big run, quadrupling its stock price since early 2019. However, by May 2022, Apple stocks are down 20% year-to-date. The company from Cupertino saw a 16% drop in the stock price in this past quarter alone. Burry’s portfolio reveals his confidence in the U.S. market. He slashed it from 20 holdings to just six in the third quarter of 2021, with a value that dropped from $140 million to $42 million. In the fourth quarter, he swapped three of his remaining six holdings, lifting his portfolio to $74 million. “Short sellers on a stock have nothing, zero, zilch, nada, to do with the success or failure of the underlying business,” Burry tweeted on April 27.
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