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Samsung's vertical TV to go on sale in May

The TV can rotate to the traditional horizontal display and connect to mobile devices using near-field communication (NFC) technology, the firm said.

Samsung's vertical TV
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Published : May 2, 2019, 7:31 PM IST

Seoul: Samsung's new television with a vertical display will hit the South Korean market later in May with a price tag of 1.89 million Won (USD 1,630), the firm has said.

The QLED TV is designed to provide viewing experiences that switch seamlessly between mobile devices and TV, allowing users to enjoy smartphone videos, photos and music on bigger screens with a more powerful audio system.

The South Korean tech giant said the 43-inch premium television was designed to appeal to those who are familiar with vertical viewing experiences on their smartphones and other mobile devices, Yonhap news agency reported on Monday.

The TV can rotate to the traditional horizontal display and connect to mobile devices using near-field communication (NFC) technology, the firm said.

Read more:PepsiCo to withdraw lawsuit against Gujarat potato farmers

"We will change ways of viewing with new form factors and user experiences to cater to various needs of consumers," said Han Jong-hee, Head of Visual Display Business at Samsung Electronics.

"We decided to introduce this product in the Korean market first, considering the high ratio of smartphone users and consumers' willingness to try innovative tech products," Han said.

"We will follow up the early market reaction to launch it in other markets."

QLED TVs are light-emitting diode TVs that use quantum dots to enhance performance in key picture quality areas.

Seoul: Samsung's new television with a vertical display will hit the South Korean market later in May with a price tag of 1.89 million Won (USD 1,630), the firm has said.

The QLED TV is designed to provide viewing experiences that switch seamlessly between mobile devices and TV, allowing users to enjoy smartphone videos, photos and music on bigger screens with a more powerful audio system.

The South Korean tech giant said the 43-inch premium television was designed to appeal to those who are familiar with vertical viewing experiences on their smartphones and other mobile devices, Yonhap news agency reported on Monday.

The TV can rotate to the traditional horizontal display and connect to mobile devices using near-field communication (NFC) technology, the firm said.

Read more:PepsiCo to withdraw lawsuit against Gujarat potato farmers

"We will change ways of viewing with new form factors and user experiences to cater to various needs of consumers," said Han Jong-hee, Head of Visual Display Business at Samsung Electronics.

"We decided to introduce this product in the Korean market first, considering the high ratio of smartphone users and consumers' willingness to try innovative tech products," Han said.

"We will follow up the early market reaction to launch it in other markets."

QLED TVs are light-emitting diode TVs that use quantum dots to enhance performance in key picture quality areas.

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India biggest recipient of funds from ADB last year
By Kumar Dipankar
         Nadi (Fiji), May 2 (PTI) India was the biggest recipient of funds from Asian Development Bank last year and would continue to get sovereign loans in excess of USD 3 billion in 2019 as well, the bank's President Takehiko Nakao said.
         The multilateral funding institution committed USD 3 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986.
         "We will continue to lend this kind of level (during 2019)," he said at the 52nd annual meeting of the bank here.
         Also, growing debt-GDP ratio is coming down and provides more space for lending, he added.
         He said ABD will continue to make investment in rural connectivity, urban development and skill development, among others.
         India received nearly 25 per cent of the total loans sanctioned last year. New commitments included USD 21.6 billion in loans, grants and investments from ADB's own resources, exceeding the target of USD 19.71 billion and up 10 per cent from 2017.
         The Manila-headquartered bank committed several projects in India, including in Bihar, Himachal Pradesh, Madhya Pradesh, Karnataka, Tamil Nadu, Assam and Odisha.
         On the Belt and Road Initiative (BRI) of China, Nakao said BRI is a very natural idea to expand the connection between East Asia, Central Asia, Europe and Africa but the investment should generate good returns.
         "There are merits over investment but at the same time we have to be careful...we must find good project with good return, even if the lending is to the government. Each identified project should have sound economic grant with good returns...and also we should pay attention to social and environmental impact," he said.
         Otherwise, there could be issues with regard to investment, he said, adding, Chinese authorities should pay more attention to these issues.
         India has opposed the idea of BRI. It is the only country among eight-nation Shanghai Cooperation Organisation (SCO) to have raised serious objection to this initiative of China.
         India's concern is centred on the China-Pakistan Economic Corridor (CPEC), which passes through areas of Gilgit and Baltistan, which India considers disputed territories. PTI DP DP
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