Reuters

Samsung working on dual-camera Note 8, launch event planned for August

Intent on continuing the premium Note brand, Samsung is working on an eighth-generation Note with a dual-lens camera on the back, like iPhone 7 Plus, and a larger screen. The upcoming phone should be formally announced at a media event in New York City in August, Reuters reported today.

Sources familiar with the matter have described the next Note as being “marginally larger” than the 6.2-inch version of Samsung's Galaxy S8 smartphone.

The Note 8 event should be held in the second half of August, ahead of Apple's presumed iPhone 8 event the following month. Last year, Samsung held the Note 7 event a bit earlier than usual in an effort to divert attention from Apple's iPhone 7 announcement.

Watchers have speculated that Samsung, in its desire to beat Apple, made the decision to launch Note 7 earlier than usual. But the South Korean conglomerate shot itself in the foot because the issues with the device's battery have gone unnoticed with its quality assurance teams, which were not given enough time to properly test the device.

Is reviving the ill-fated Note brand a wise move on Samsun's part? Let us know your thoughts by posting a comment below.

Indian government offers Apple tax incentives to boost local iPhone production

India has offered tax concessions to Apple to expand iPhone production in the country just days after it was announced that the Cupertino giant kicked off local iPhone SE production.

This is part of Prime Minister Narendra Modi's plans to boost local manufacturing.

Ravi Shankar Prasad, the central minister for Electronics and IT, told Reuters this morning that Apple has already approached the Indian government regarding potential expansion of its manufacturing facility in the southern Indian technology hub of Bengaluru, operated by its Taiwanese supplier Wistron which as of recently has been assembling iPhone SE there.

According to the news gathering organization, the Indian government has offered to permit Apple to import handset components intended for use in local manufacturing tax free.

Here's an excerpt from the article:

Among a set of tax concessions, Apple had initially sought a 15-years tax holiday for all components that it would import for setting up a manufacturing facility in India.

A panel of ministries rejected that demand and has offered a phased program to increase the share of local production in the manufacturing, Aruna Sundararajan, Secretary at the Ministry of Electronics and IT said.

“We have offered them tax exemptions on those components which could not be manufactured in India,” Sundararajan told Reuters.

Local manufacturing component would have to be increased gradually, he added.

The tax concessions will be subject to the condition of increasing local value addition over a period of time, to which Apple has reportedly agreed to.

“It will be a little early to say that India and Apple have agreed on the common ground,“ cautioned a government official.

It's been speculated that Apple and Wistron began making iPhone SE in India as a way to lower the handset's price point in order to make it more affordable to Indian consumers.