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Thursday, April 2, 2015

Samsung plans to invest 14 7 billion in a new chip plant

Reuters reports that Samsung is planning to invest the gargantuan $14.7 billion in a new chip-making factory over the next three years. That’s the biggest investment the company has ever made into a single plant.

According to Samsung’s plans, the plant is going to be built in Pyeongtaek, which is 75 km south of Seoul and create 150,000 jobs (about a third of the city’s population). Interestingly, the company hasn’t made a final decision yet on whether the factory will create processors or memory chips.

But with Samsung estimating the new factory is going to be finished by the second half of 2017, there’s a lot of time to make this decision. Rumors suggests Samsung is going to be making the upcoming Apple A9 chip, which will go into the company’s future phones and tablets.

The company is also mass producing chipsets using its 20nm manufacturing process and is said to be producing as much as 30% of the Apple A8 chipset. If all goes as planned, the company will launch its 16nm FinFET manufacturing process some time in 2015.

App Store Downloads Reaches 102 Billion in 2013 Till Date

This year the amount of apps purchased from the app store has outnumbered all the previous records and finally has reached to 102 billion till date. 90 % of these apps have been downloaded from App store of Apple and Google Play. The global app revenue has also achieved a new hallmark by generating $26 billion.

Due to the dominating market of free available apps, this year there will be 83 billion free apps in all downloaded apps. IAP has also used effective ways in promoting paid apps as the users who are paying for their favorite apps cannot be ignored. Thus, IAP is really doing a promising and appreciable job by sustaining and encouraging the the app-purchasing methods. There are some new methods evolving to promote more users to buy apps, that is, a user will pay only when he is happy or satidfied with the app.

According to some analysts users are more engaged with apps or games, when they are new and have more excitement, but users having devices for a while are less interested in spending money for apps. iOS and Google are the market leaders in app stores and as iOS 7 is soon to be released, there will be a tremendous rush for the apps compatible with the newer version.

Author:
Anna Harris working as web content writer and a strategist for a major IT firm specialized in various Android software development services.

Courtesy:
www.TechCrunch.com