Everything to know about Samsung Galaxy S23 Ultra’s camera
Samsung is soon launching its S23 series at the Galaxy Unpacked event next month and just prior to that all of the rumoured specs, details have been surfacing off late. The ultimate flagship in the form of Samsung Galaxy S23 Ultra will be sporting improved cameras and is supposedly confirmed to sport its new 200MP ISOCELL HP2 sensor.
So, as per the confirmation of @Abhishek Yadav, this HP2 sensor will be the primary 200MP camera for the upcoming Galaxy S23 Ultra. To complement that you have another three cameras including a Sony IMX564 ultra-wide, 10MP Sony IMX754 for 3x telephoto and 10MP IMX754 10x telephoto sensor, similar to that of last year.
Samsung Galaxy S23 Ultra Camera hardware details.
Rear 1. 200MP Samsung HP2 primary 2. 12MP Sony IMX564 ultrawide 3. 10MP Sony IMX754 3x telephoto 4. 10MP Sony IMX754 10x telephoto
On the other hand, at the front end, you have a 12MP Samsung 3LU sensor, a different one from that of last year. In a few more days we will finally get to know about the pricing and other specification leaks for sure, do keep an eye on this space.
Samsung Galaxy S23 Ultra Expected Specifications
Samsung Galaxy S23 Ultra is touted to be 233g in weight and dimensions 163.4 x 78.1 x 8.9mm. Its size is identical to that of the previous S22 Ultra, as one may anticipate. The display is the same size as well, measuring 6.8″ and having a 1,440 x 3,088px resolution (19.3:9 aspect ratio).
The Galaxy S23 series is said to be powered by the Snapdragon 8 Gen 2 SM8550-AC. The chipset will work with 256GB, 512GB, or 1TB of storage in addition to 8GB or 12GB of RAM. Even though the base 8/128GB Galaxy S22 Ultra model may not be going to China, it did exist. The battery is rated at 4,855mAh, hence the usual capacity should be 5,000mAh as per custom.
WWE 2K23, the next installment in the long-running franchise, has been officially revealed by 2K and Visual Concepts, along with details on its cover star, game modes, release date, and more. WWE 2K23 will be released on March 17, 2023, with John Cena on the cover of the standard, Deluxe, and Icon editions.
Following the successful format established by WWE 2K22, this new entry iterates and improves its core content. It also includes a new game mode called WarGames, a unique twist on the 2K Showcase featuring John Cena, and improvements to MyGM Mode.
credit: wccftech
WarGames is a single-player or multiplayer 3v3 and 4v4 game in which players compete in two side-by-side rings surrounded by a steel cage. The exact game rules are unknown, but WWE has held annual WarGame matches under its NXT brand since 2017, with SurvivorSeries WarGames 2022 being the first time it has appeared in a WWE PPV in this time.
Meanwhile, the 2K Showcase returns with the same Slingshot Tech found in WWE 2K22, spanning Cena’s 20-year WWE career and narrated by Cena himself.
MyGM mode has a few enhancements, such as more GMs to choose from and a custom GM. The addition of “multiple seasons” is perhaps the most significant improvement, as WWE 2K22’s MyGM mode ended after one season. Other enhancements include more show options, expanded match cards, and more match types, all to outperform the competitor GM in weekly ratings. Faction, MyRise, Universe, and the creation suite all return with a slew of new features, including the ability to play MyFACTION online and Universe expanding with a revamped story system.
credit: wccftech
WWE 2K23 releases on PC, PS4, PS5, Xbox One, and Xbox Series X on March 17.
As we all know, the Union Budget for the upcoming 2023-24 year is to be declared soon and the whole industry is looking forward to it. With a lot of expectations, the Indian Gaming industry also looks eager to see some alignments made to this sector specifically because it’s been growing and has become a billion-dollar industry, however, with government support it is expected to reach new heights.
Indian Esports saw a sharp rise in popularity in 2022. With milestones like the Indian Dota 2 contingent winning a bronze medal at the Commonwealth Esports Championship and esports being included as a medal sport in the Asian Games 2022 (to be held in 2023).
As per gaming-focused venture capital fund Lumikai’s recent study, the esports industry, (barring real money and fantasy gaming), is expected to grow to USD 4 billion by the fiscal year ending March 2027, compared to USD 1.1 billion in 2022.
Recently, in a historic move, The Indian government has officially recognised esports in the country. Esports will now be a part of the “multisports event” category in India under the Ministry of Youth Affairs and sports.
Government spending on sports has been rising over several years. Expenditure on the Department of Sports under the Ministry of Youth Affairs and Sports has increased from Rs 657 crore in 2011-12 to around Rs 1,749 crore in 2021-22. According to budget estimates, this has gone up further to Rs 2,123 crore in 2022-23.
As we know that Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 in Parliament on February 1, 2023. Here is what the Indian gaming industry as a whole expects from the upcoming union budget:
Mr. Vinod Tiwari
1. Esports Federation of India Spokesperson: Mr. Vinod Tiwari, President, Esports Federation of India
We are expecting a favourable move from our government during the Union Budget. Esports in the Indian landscape is progressing. The multisport event tag adds value to the credibility of esports like any mainstream sport enjoyed in India attracting more companies to invest as stakeholders or advertisers. In my personal opinion, the budget needs to be increased and allocated extensively for the growth of esports and the training of athletes. We need to find ways Indian esports can be taken further to the global platform which is only possible with better infrastructure, financial aid, and the right environment to nurture these talents.
It would be a great advantage to the esports community if our Government considers allocating the “Esports Development Fund” similar to countries like Malaysia, Korea etc. which would support Indian gaming studios to build esports video game titles based on Indian history/ethos. Our players need facilities/training centres, advanced gears, boot camps and coaching to be set, we need to provide the top coaches, and other facilities to ensure they get complete support and can perform their best. Not only the government but the Corporates should also start allocating budgets for esports
Richa Singh
2. FanClash, Asia’s Largest Esports Fantasy Platform Spokesperson: Richa Singh, Co-Founder and CEO of FanClash
No one can deny the fact that the esports and gaming industry has turned out to be the fastest-growing sectors in recent times. From business elites to the Indian Government, all are taking notice of the potential it holds for economic benefits. Adding to that, recognising esports as a sport has further added to its advantage.
It is tough to predict much, but it would help the esports sector if the government can allot a decent share of the budget for the esports industry. Indian Esports still has a long way to go and needs attention on funding for research and development, it needs reforms in tax incentives for game developers and esports organizations. More training centres need to be built, we need professional trainers and exchange programs which could be beneficial to strengthen their strategies and be prepared for international tournaments.
Additionally, governments may also consider regulations and policies to support the growth of the industry to minimize risks of fraud, protect the rights of gamers and promote fair competition.
Mr Animesh Agarwal
3. 8bit Creatives, India’s leading esports consulting and talent agency
The esports industry is growing at an impressive percentage and is only forecasted to grow more in the coming years, both in terms of viewership and revenue. In the Union Budget 2022, we hope that the government will introduce measures to support the next phase of growth in the esports sector. The sector eagerly awaits a progressive policy structure from the government as well as consider levying a lower tax slab than the existing 18%.
The sector aligns well with the government’s digital economy vision, and we expect the budget to lay out a specific plan for the growth of esports including setting up of a task force, plans for infrastructural development for esports, training programs, youth awareness programs and most importantly an esports vision for India, defining a future state where we want to be. We also need government impetus to invite more investments into the sector, through a mix of ease of business & financial incentives in the budget. With adequate support, the esports industry has the potential for overall economic growth, job creation and contribution to the government’s vision of a trillion-dollar digital economy by 2025.
Rohit N Jagasia
4. Revenant Esports, one of the fastest-growing Esports organizations of South Asia and the Middle East Spokesperson: Rohit N Jagasia, Founder and CEO of Revenant Esports
We hope the 2023 budget will take steps to not only empowering to the gaming industry but also offer an incentive for the esports ecosystem in the country. This would help bolster technological integration and investment in the infrastructure to create new possibilities for youngsters in the esports and video game sectors. As the gaming industry has been flourishing, we are hoping the Government this time would take notice to offer some more support and protect the interests of this sunrise industry. We definitely depend a lot on direct investments and these investors play a crucial role. We hope they can suggest minimum taxation costs for this segment to attract more investors.
The multisport event tag adds value to the credibility of our new-age sports i.e. esports like any other mainstream sport played in our country and we hope the prize pool winnings of our esports athletes should be exempted from Income tax just like any other sportsperson.
Jai Shah
5. Orangutan is a multi-faceted organization operating in three verticals – Esports, Talent Management and Apparel.
Spokesperson: Jai Shah, Co-Founder, Orangutan Gaming
The esports industry has recently been recognised by the Government of India as a part of the Multi-Sport events. However, there still needs to be a structure formed for the rules and regulations towards GST and other taxation policies related to the prize pools, and other monetary aspects in the industry. Further, the government should form a structure for the esports industry, as it has often been categorised as real money gaming and other forms of games.
Sai Srinivas
6. MPL, Mobile Premier League
Spokesperson: Sai Srinivas, Co-founder and CEO MPL
2023 is already shaping up to be a watershed moment for the gaming industry. With the government releasing draft online gaming rules earlier this month, the burgeoning sector will see a lot more success this year.
In addition to this, the industry hopes to get clarity in a few areas. The first is the GST mechanism on online gaming. We hope the government provides clarity on the tax slab applicable on skill gaming. Another relates to the AVGC fund set up as part of the AVGC Promotion Task Force announced in last year’s budget. Access to financial support, as envisaged under this, will be a tremendous boost to young talented developers and designers, and will accelerate the push to ‘Create in India’ and take made-in-India games to the world.
We believe that India’s online gaming industry can truly lead the charge in the global digital economy and a uniform, the progressive policy can be the wind in its sails.
Rohit Agarwal
7. Rohit Agarwal, Founder & Director, Alpha Zegus, the next-gen marketing agency specializing in the domains of gaming & lifestyle:
There are 3 major expectations from the 2023 Union Budget.
Firstly, there was a conversation a while ago about changing the GST slab from 18% to 28% for the online gaming segment. We genuinely hope this does not come into effect, since it would immensely affect our growing industry. We are currently on a gradually growing path of increasing in-app spending and purchases related to gaming. Making the slab 28% would set us back to square one.
Secondly, gaming – be it mobile or PC – requires hardware (semiconductors, batteries, etc). We are hoping there are some import duty relaxations on these items, or there is a bigger focus on the ‘Make In India’ initiative for these items. Any of these two actions will cause a drop in hardware cost, which will increase hardware accessibility and upgradability for gamers.
Lastly, we are hoping for internet & broadband services to be made cheaper & more accessible. The greater majority of the Indian gaming audience is from Tier 2 and Tier 3 towns, and a slash in internet pricing would encourage more young adults to take up gaming.
8. Mr. Sunil Yadav, CEO, PlayerzPot
With the Union Budget 2023 right around the corner, we eagerly look forward to its impact on the gaming industry. The upcoming budget can create a more favourable business environment with regard to GST, and ease of doing business and that can attract talent from Tier II and Tier III cities too.
India’s gaming industry is expected to reach $8.6 billion by 2027, demonstrating its huge potential for growth. By giving it the attention and importance it deserves, the industry in India is poised for even greater success. In this budget, we hope roadblocks like bans and a lack of regulations get addressed. The AVGC Task Force that was announced last year is a great step to catalyse the industry’s growth, but we believe there is scope to do more in this regard. What will also be interesting is the outcome of a recent proposal in the online gaming policy that involves establishing a self-regulatory organisation (SRO) to handle the registration and approval of games. Primarily, what the industry needs is a proper set of guidelines and rules to grow further.
With the right policies in place, the gaming industry in India has the potential to become a major economic driver for the country.
9. Paavan Nanda, WinZO’s Co-Founder
“The online gaming industry has the potential to scale rapidly and become a significant contributor to the Government’s vision of a trillion-dollar digital economy. The industry is currently in its nascent stage, and needs stability and clarity from a tax and compliance perspective. The proposed 28 percent GST on the Gross Gaming Value of all games played, over the current 18 percent on the commission of the gaming companies, would have an existential impact on the segment. Further, a reduction in the TDS threshold, from the current winnings exceeding INR 10,000, could also impede the growth of the industry. The TDS liability on winnings above 10,000 already stands at 30% under the Income-tax Act of 1961. The increase in GST and TDS cumulatively would completely wipe out the homegrown industry that has the potential to be the largest next generation of exports of consumer tech products made in India for the world. In this budget announcement, we are hoping to see a continuation of the current GST slab and TDS threshold as a sharp increase in tax will deter growth, sink early-stage startups further into losses and overall make the industry unviable. A clear and supportive tax policy will not only generate revenues for the exchequer but will also create great value in the long run for the country and the gaming ecosystem.
In last year’s budget, the government recognised the gaming sector as one of the potential segments for job creation in India and set up the Animation, Visual effects, Gaming, and Comics (AVGC) promotion task force to realise the potential of the segment. We are hoping for the announcement of constructive action in that direction to give a boost to the gaming industry”.
Community Lead PezRadar recently revealed a baseline roadmap for Diablo Immortal’s 2023 on the official Diablo Immortal subreddit, confirming that the new year will bring a new class, a new competitive mode, and more.
To begin, PezRadar stated that Diablo Immortal updates will be released quarterly. Throughout 2023, four major updates will be released, with improvements to clans, social features, and overall moment-to-moment gameplay. They refer to the gameplay as the “core of the Diablo experience,” and they plan to add variety by releasing new legendary items, which will “broaden Class build options.”
credit: Gamespot
They also tease a new competitive mode, but, like the new class, offer no details on what this might entail. They also reveal that a fishing minigame will be added sometime next year, which will undoubtedly please fishing minigame fans. The roadmap, as expected, includes some narrative additions to the gameplay experience. It will include new main questlines and side quests to “further develop Sanctuary’s inhabitants.”
The post concludes by inviting the community to respond with their feedback and any relevant questions, so if you want to tell Blizzard what you want from Diablo Immortal.
credit: Gamespot
The Reddit community took that request to heart, as the responses rarely mention anything related to the 2023 roadmap, instead requesting changes and adjustments to Immortal’s current suite of content, such as allowing players to use unused runes in some efficient way, adding a target dummy for build testing, and an overall patch to Battleground, which frequently has woefully unbalanced gear matchups. Some responses are more directly related to the post, requesting that the new class be the Druid and new skills for existing classes.
The ICC has announced its Men’s T20I team of the year 2022 for the annual cricket award function. The complete list of enlisted cricketers came to the limelight by the governing body on January 23rd. The list has exclusive names of the players who were consistent throughout the previous year in this limited-overs cricket.
Three Indian players included in the Men’s T20I team by ICC
Surya Kumar Yadav, who showed towering form last year, is unsurprisingly present on the list. Thanks to Virat Kohli’s magnanimous contribution last year that earned the contemporary great a place too in the squad. Star all-rounder Hardik Pandya has had a brilliant comeback to 22 yards and finds mention in the list.
Kohli smashed 296 runs in the T20 world cup, the highest, including a sensational unbeaten 82 against Pakistan in a nail-biting encounter at the MCG. Surya Kumar Yadav had an amazing run last year, where he scored 1164 runs from 31 matches at a scintillating strike rate of 187.43 that, including two brilliant overseas centuries.
Thus, three Indian players made their way into the T20I men’s team announced by ICC. Meanwhile, Pakistan skipper Babar Azam didn’t find a mention in the list due to his not-so-great performance in the 2022 Asia Cup and T20 World Cup.
Jos Buttler was named captain
Quite easy to guess that Jos Buttler will be the leader of the squad after he helped his nation England lift their limited-overs World Cup trophy last year. Butler also had a great time with the bat, scoring at a strike rate of 160.41, scoring 462 runs.
Mohammad Rizwan, who scored 10 half-centuries last year, is on the list. Sri Lanka leg spinner Wanindu Hasaranga, who finished as the highest wicket-taker in the T20 World Cup with 15 wickets, is on the list. All-rounder Sam Curran, who took 13 wickets and was the Man of the Tournament in the T20 World Cup, is on the list too.
Here’s the full list for ICC T20I men’s team.
Jos Buttler (c & wk), Mohammad Rizwan, Virat Kohli, Suryakumar Yadav, Glenn Phillips, Sikandar Raja, Hardik Pandya, Sam Curran, Wanindu Hasaranga, Haris Rauf, Joshua Little.
The Women’s Premier League (WIPL) is ready to take off for the first time in March 2023. On the one hand, Adani and Haldirams will be participating in the bidding process whereas popular IPL teams like CSK, GT, and LSG have backed out. The deadline to submit technical bids is on January 25. However, other IPL teams like Mumbai Indians, Kolkata Knight Riders, Sunrisers Hyderabad, Royal Challengers Bangalore, and Rajasthan Royals have submitted their bid documents. The technical bid started on January 23 and will end on January 25.
Credits- News9Live
The five teams will play every other opponent twice and a total of 20 matches will b held in the group league stage. Its broadcasting value per day is at Rs 7 crore which will be broadcasted on Viacom 18 as it won the rights to telecast the tournament.
A top official of Chennai Super Kings confirmed that not getting involved in WIPL was a strategic business call. If it went to bid, the franchise would have been one of the favourites in WIPL.
Till now, the Adani Group, and Capri Gopal who own ILT20 teams have picked up the tender. On the other hand, the Glazer family who failed to acquire a team in IPL will try to own one in the Women’s Indian Premier League. The two cement companies namely Chettinad Cement and JK Cement and the Chennai-based Shriram Group, Nilgiri Group, and AW Katkuri Group are in the line as well.
On the other hand, the GMR Group and the JSW Group who jointly own Delhi Capitals took a separate ITT. AWL Apollo, Haldiram, Torrent Pharma, and Uday Kotak are the other interested companies.
Credits- Realtimeindia
All the businesses who have picked the tender document have a net worth of a minimum of Rs 1,000 crore as of March 2023. Irrespective of whichever team gets the ownership of franchises, BCCI will just get richer.
Sandeep Kishan and Vijay Sethupathi collaborate for a multilingual thriller film titled ‘Michael’. Sandeep Kishan is trying hard to gain recognition as a commercial hero. Vijay Sethupathi has appeared in a key role. The new movie has attempted the tale of Sandeep’s character Michael who is on a killing spree.
The new trailer begins with the character of Gotham Menon speaking to Sandeep about the widow spiders. He continues to tell that one widow spider has not such venomous as the female kills one male just after the mating process.
In this sequence, Gautam elaborates on the plot of the film in dialogues. He tells, “Some men are destined to face only troubles because they choose to fall for the delusions of the women.” the new trailer beautifully depicts the caution Sandeep Kishan about his own, at the end, he realizes that life is really meaningless without love.
The twist comes when a girl has entered his life. In the female lead, we will see Divyansha Kaushik who has warned him if he falls down in love with her anyhow, he will have to face heartbreak. The new trailer ends with young Sandeep Kishan’s shooting scene while he is shooting someone with a gun. The appearances really include a lot of seriousness in the trailer.
This situation draws an impression that Michael is raw, and intense with a blood actioner along with a beautiful love story and stylish visual treatment. The new trailer goes on a spicy feel that typically shows gangster cars, red-themed backdrops, and retro clothing. The camera work of Kiran Kaushik is really flawless and already has been captured the violence very well manner.
The director said that don’t go for the girl, don’t fall in love. At the end of the trailer, Sandeep Kishan says that what else should a boy live for other than a girl? It is understood that this movie will be an intense drama with a mix of love and action. If you look at the trailer of the movie, it seems that the cinematography and music are super. As far as the actors are concerned. they all give the best performance. People who have seen the trailer say that Sandeep Kishan is going to be a pan-India hit.
This movie is a love-come-action drama. All are set to release on February 3 at the Pan India level. Divyansha Kaushik will act opposite Sandeep. The film is jointly produced by Ram Mohan Rao and Bharat Chaudhary under the banners of Sri Venkateswara Cinemas LLP and Karan C Productions.
Michael: Release Date
Vijay Sethupathi and Sandeep Kishan’s new action thriller film will hit on 3rd February 2023.
Skill gaming needs a definite level of physical and mental capabilities & is not based on luck. They are Play-to-Play online games including fantasy sports, casual games and card games. Over the past few years, the Indian gaming and esports industry has experienced enormous growth, and there is no doubt that this growth will continue to soar in the years to come.
According to industry estimations, India’s online gaming population is expected to increase from 481 million players in 2022 to over 657 million users by 2025. Below are the top 5 play-to-earn Esports startups to follow in 2023 that require skills.
Top 5 play-to-earn Esports startups to follow in 2023
Khiladi Adda
Incepted in 2019, Khiladi Adda is India’s largest micro eSports tournament and online gaming platform, which allows gaming enthusiasts to play games like fantasy cricket, quizzes, e-sports fantasy, Free Fire Max, Battleground India and other casual games with an opportunity to monetise their gaming skills and become a star in the esports world. As a multigame platform, the startup creates customized and unique games and tournaments that support the distinctive needs of diverse gamers.
Khiladi Adda has over 2 million registered users and more than 3,00,000 monthly active users. Besides monetising opportunities, the gaming platform offers gamers rewards, instant UPI withdrawals, unlimited referral bonus, low platform commission structure, effective loyalty programs and round-the-clock personalised chat support. Additionally, gamers worldwide can engage in a new gaming segment called ‘Fan Battle’, which is one of the easiest and rewarding cricket fantasy battles in the industry.
GamerPe
GamerPe is a platform where gamers engage and interact to fulfill their gaming needs – monetary, social, and lifestyle. Gamers will be able to interact with other gamers to collaborate and improve, make their teams, sell their Game accounts (profiles), trade their gaming items, participate in different gaming events, and post gaming information in communities. Gamers can set their goals, track their progress, prepare their daily, and weekly schedules, and a lot more.
This platform will have a perform-to-earn feature allowing users to earn an in-app virtual currency by performing activities like playing, reviewing, and testing other games, participating in surveys, etc. This in-app virtual currency will be redeemable in money equivalent terms to be utilized across multiple use cases and across the larger gaming ecosystem.
WinZo
WinZO is the largest social gaming and entertainment platform in India. Launched in early 2018, the Company partners with third-party developers to host games on its own Android and iOS app, where users can enjoy personalized multiplayer gameplay experiences. The platform is available in 12 languages such as English, Hindi, Gujarati, Marathi, Bengali, and Bhojpuri, with over 75 million registered users.
The WinZO platform facilitates over 2.5 billion micro-transactions per month across a portfolio of 100+ games. WinZO is focused on building an enthusiastic community of gamers and gaming influencers in Tier 2 – 5 cities in India. The company envisions a future where the WinZO platform can deliver a culturally relevant and enjoyable experience in the Indian gaming ecosystem, monetized through a unique micro-transaction model.
Mobile Premier League (MPL)
Mobile Premier League (MPL) is the world’s leading mobile eSports platform that allows users to participate in free as well as paid competitions across 60+ games in multiple categories, including fantasy sports, sports games, puzzle, casual and board games. Founded in 2018, MPL hosts hundreds of millions of tournaments a month and is trusted by over 90 million registered users across Asia, Europe, and North America.
Zupee
Zupee is one of the fastest-growing Indian online gaming companies with a 95% market share in the Indian gaming sector’s largest sector – the casual & board game segment. Zupee offers ‘games of skill’, in which a player’s skill, knowledge, attention, experience, and capabilities are crucial to success. Zupee’s product portfolio of skill-based casual & board games is redefining the online real-money gaming ecosystem by providing meaningful entertainment & bringing moments of joy. By intersecting meaningful entertainment with skill-based elements like logical thinking and consumer behaviour, Zupee seeks to offer a learning-driven gaming ecosystem in the country
February 7th, 2023 marks the date of the highly-anticipated launch event for the new OnePlus smartphone. The Chinese smartphone manufacturer has been known for its flagship devices that offer high-end specifications and features at an affordable price. Fans and tech enthusiasts are eagerly waiting for the launch of the new device, and there are a few things we can expect from the event.
OnePlus 11
Along with the release date, they confirmed the OnePlus 11‘s technical details. According to expectations, the phone would have a Snapdragon 8 Gen 2 processor, 12 to 16 gigabytes of RAM, and support for UFS 4.0 for storage of up to 512 gigabytes. On the back, there is also a camera powered by Hasselblad.
On the software front, Android 13, which is based on ColorOS 13, is being used. The smartphone will come in two colours: matte black and glossy green. These hues are evocative of the sandstone black that OnePlus made well-known with the introduction of its first product.
OnePlus Buds Pro 2
On February 7th in India, it will have Cloud11, its first launch event of 2023. The company will formally introduce the OnePlus 11 5G, as stated in the official release. Additionally, OnePlus will unveil its completely wireless OnePlus Buds Pro 2 earphones at the same time. Both devices are already listed on Amazon India, so that is where you can purchase them.
However, both devices will go on display on January 4th, about a month ahead of schedule for the global market. They have really already made the pre-booking option available through e-commerce platforms. The information is gradually becoming available online as the days pass.
OnePlus Keyboard
On December 17, they staged a celebration for its ninth birthday. The event served as the launchpad for the smartphone company’s Featuring X line of accessories. Other PC devices and peripherals are among them. The mechanical keyboard has a double gasket design and a distinctive sound.
When gaming or coding, the device provides everyday comfort. A decorative aluminium packaging produced utilizing CNC technology will hold the keyboard when it is delivered. In addition, the keyboard has switches and bios that were developed in collaboration with the users.
There could be many and more things to be launched soon and let’s wait for the event.
Servotech Power Systems Ltd. releases Q3 FY22-23 financial results, witnessing a 116% increase in revenue, 84% increase in profits, 178% YoY growth in EBITDA, and an improved EPS of Rs. 2.24/share.
Servotech Power Systems Ltd. (NSE: SERVOTECH), a leading manufacturer of Solar, Power-backup, Electric Vehicle (EV) chargers, and other smart power solutions, presented its quarterly financial results for the quarter ended December 31, 2022 at its Board of Directors meeting on January 21, 2023.
Servotech Power Systems Ltd. accumulated a quarterly revenue of Rs. 82.54cr, registering a YoY growth of around 116% from the last fiscal when it attained a revenue of 38.23cr. In comparison to the last fiscal, the company achieved 72% increase in revenue in the last nine months, amounting to 153.14cr in revenues as against 89.26cr in the last fiscal. Additionally, the company delivered a gross profit of Rs. 14.15cr during the third quarter of the financial year 2022-2023, which is 36% more than what they achieved 3rd quarter of the last financial year. Further, the company achieved an 84% jump in PAT than the last fiscal.
Servotech Power Systems Ltd. Announces Q3 Results for FY22-23, registers 84% Increase in Profits
In the board meeting, the organisation also announced the decision of stock split. In a filing with the exchange, it was stated that the board had discussed and approved the payment of an interim dividend to shareholders. Additionally, Servotech has established the record date for the share division or split and will pay an interim dividend of Rs 0.20 per equity share to its shareholders. The company has also established the record date for the split of equity shares with a face value of Rs. 10 per share. Servotech had previously declared that the board had approved a 1:5 stock split.
Commenting upon the results, Servotech Power Systems Ltd. Managing Director Raman Bhatia noted, “This quarter turned out to be a strong period for Servotech. As expected, our Q3 profitability has seen a one-off impact of our strong market strategy, our expanded footprint, and advances on the channel front. With the bulk of the integration cost behind us and in view of the growth tailwinds ahead, our endeavour is to achieve even healthier profitability in Q4. Our impressive financial results demonstrate that we have greatly benefited our partners, clients, and other important stakeholders.”
“Both our solar and EV charging products are creating lasting value and impact across the varied deployment of these solutions. There is also a greenfield of synergies and projects for us to explore. This will result in long-term and sustainable profitability. By expanding our pool of talent, stepping up our innovation efforts, and refining our go-to-market strategy, we will be able to provide our customers with smarter lifestyle solutions, scale up our team’s opportunities, and create profitable whitespaces for our clients.”
