Chinese Elite's Favored Car Brand Is Getting a Modern Makeover
Hongqi, the marque that's ferried Chinese leaders for decades, is now setting its sights on carving out a greater share of the country's booming electric car market. It's even teased a foray into aerial mobility as part of its 'all in' new-energy vehicle push that's seen it stop all new investment in gasoline-engine technology.
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Digital Trends
22 minutes ago
- Digital Trends
iPhone 17 Pro could get unexpectedly huge camera upgrades
Over the past few months, leaks showing a redesigned iPhone 17 Pro pair and an uber-slim iPhone 17 Air have occupied social media. But it seems the upcoming Apple flagships will serve a few other niceties that will appeal to camera fans. According to a Macrumors report, which cites an unnamed source, the iPhone 17 Pro will come with an upgraded 8x optical zoom camera. For comparison, the iPhone 16 Pro pair is limited to 5x optical zoom output. Apple is stepping up Looking over at the competition, Samsung's Galaxy S25 Ultra and Google Pixel 9 Pro peak at 5x optical zoom output. Stepping into the hypercompetitive Asian markets, Oppo's Find X8 Ultra goes up to 6x optical zoom, and the Huawei Pura 80 Ultra reaches the 9.4x optical zoom figure. 'The lens can apparently move, allowing for continuous optical zoom at various focal lengths,' adds the report. To recall, all the leaks point at a massive camera bump at the back of the iPhone 17 Pro, so it's plausible that Apple is indeed eyeing a major upgrade for the imaging hardware. Recommended Videos Assuming the rumor turns out to be true, the iPhone 17 Pro will emerge as one of the best smartphones out there for long-range photo and video capture, at least going by the on-paper hardware. Whether Apple upgrades the tetraprism design for the next-gen telephoto camera system remains a mystery. A true camera powerhouse, at last Older leaks are also predicting a triple 48-megapixel camera layout for the iPhone 17 Pro, with support for 8K video capture in tow. We are also hearing some chatter about a mechanical aperture feature that will offer users more granular control over photo capture. The camera app will reportedly allow simultaneous capture by the front and rear snappers, a solution that is tailor-made for vlogging. This facility, however, isn't exactly a groundbreaking innovation, as the likes of Samsung have offered it for years on the Galaxy smartphones. The latest Apple leak also claims that Apple will release a new camera app with the iPhone 17 Pro, one that will focus on Pro-grade features and deeper controls. So far, the likes of Halide and Kino have remained a favorite in the 'mobigrapher' community, so it would be interesting to see what Apple has to offer in terms of standout capabilities.
Bloomberg
an hour ago
- Bloomberg
Toyota's Internal Inertia Stifles Digital Transformation Effort
Inside Toyota Motor Corp., a group of employees are worried about the company's future in an era when a car's software matters just as much as its sheet metal. The world's biggest automaker is known for churning out reliable cars like clockwork, but it's been struggling to keep up with Elon Musk's Tesla Inc., China's BYD Co. and other frontrunners in the industry's shift toward electric vehicles with sophisticated software.
Yahoo
an hour ago
- Yahoo
Global Gains, Local Taxes: China Tightens Rules on Overseas Stock Profits
Mainland Chinese investors riding the U.S. bull marketfrom Tesla (NASDAQ:TSLA) to Microsoft (NASDAQ:MSFT)are getting unexpected phone calls. Local tax authorities have started enforcing a long-ignored rule: a 20% levy on global capital gains and dividends. If you've spent more than 183 days a year in China, you're a tax residentand now, you're on the hook. The rule isn't new. But for years, Beijing looked the other way. That's changing fast. Warning! GuruFocus has detected 7 Warning Signs with TSN. What's triggered the clampdown? For starters, China needs cash. The central government raised its 2024 budget deficit to the highest in over three decades. Meanwhile, U.S. markets have soaredup over 60% since early 2022making now a tempting time to reel in offshore profits. China has had access to overseas bank data since it joined the OECD's Common Reporting Standard in 2018. In Hong Kong, banks routinely report account details for clients flagged as Chinese tax residents. Until recently, that information sat quietly. Now, it's being put to work. But not all investors are affected equally. Those trading Hong Kong stocks via the Stock Connect program remain exempt from capital gains taxat least through 2027. Domestic trades are still tax-free too. That policy protects China's capital markets, even as the net tightens around overseas profits. For investors caught off guard, the sting is real. Unlike in the U.S., they can't offset past losses to reduce the bill. The message from Beijing is subtle but serious: if you've made money abroad, now's the time to settle up. This article first appeared on GuruFocus. Inicia sesión para acceder a tu portafolio
