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Borneo Bulletin, Tuesday 28 February 2017

Published foreign exchange rates as of February 27, 2017

Brunei Dollars to 1 unit of foreign currency

Bank Selling Bank Buying

TT/OD TT

US Dollar

USD

1.4153

1.3953

Sterling Pound

GBP

1.7733

1.7203

Euro

EUR

1.5144

1.4594

Australian Dollar

AUD

1.1012

1.0582

Canadian Dollar

CAD

1.0920

1.0540

New Zealand Dollar

NZD

1.0339

0.9859

Brunei Dollar to 100 units of foreign currency

Swiss Franc

CHF

140.44

138.44

Hong Kong Dollar

HKD

18.56

17.61

Indonesian Rupiah

IDR

0.01

0.01

Indian Rupees

INR

2.50

1.60

Japanese Yen

JPY

1.27

1.24

Philippine Peso

PHP

3.20

2.40

Saudi Arabian Riyal

SAR

38.47

36.97

Thai Baht

THB

4.23

3.83

Chinese Yuan

CNH

21.46

19.46

Foreign exchange rates supplied by BIBD

FOREIGN EXCHANGE

SEOUL (MK Business News) - LG Electronics Inc

in desperate moves to survive the cut-throat

premiumleaguehas givenup its love for innovative

designs for its latest flagship smartphone G6,

but is expected to fight well against its rivals in

winning consumers’ hearts thanks to a great

screen, enhanced water-proof feature and higher

battery capacity.

LG Electronics Inc unveiled its latest flagship

smartphone G6 at press event on Sunday (local

time), a day before the 2017MobileWorldCongress

(MWC) to be held in Barcelona, Spain from Feb 27

to Mar 2.

The G6 sports a 5.7-inch quad high definition+

(QHD+, 2,880x 1,440resolution) Full Visiondisplay

with an 18:9 screen ratio. This unprecedented

screen size makes the phone suitable for split-

screen applications and movie-watching in

cinematic formats. The big screen, however,

doesn’t mean it is uncomfortable to hold. It is

designed for an easy single-handed use.

The latest G6 is not so innovative compared to

itspredecessors that camewithmodular accessory

slots or the leather cover, but its traditional look is

not a minus but a plus. Nor does the G6 come with

a removable battery, following the latest trend.

Instead the battery capacity is improved from

2800mAh to 3300mAh.

The G6 is also water- and dust-proof and

durable enough not to be turned off even when

it is dropped. It has baked-in Google Assistant,

artificial intelligence (AI) -based aid service, which

is currently available in English and German

only. An LG official said Google considers adding

Korean to the service within this year.

LG pins high hopes on the G6, as seen in the

booth commanding a size of 1,617 square metres

in the MWC exhibition, double that of last year.

Industry observers will watch closely whether

LG could win in the global smartphone market

amid an absence of new phones from Samsung

Electronics Co that has delayed the release of its

latest flagship smartphone after its Galaxy Note7

fiasco.

The tech giant will roll out the phone at home

on Mar 10, at a price of 899,800 won ($795).

Shares of LG closed Monday at 59,000 won,

down 5.9 per cent from the previous session.

LG unveils its new

flagship smartphone G6

BARCELONA (AFP) - Chinese telecoms giant ZTE

unveiled Sunday what it said is the world’s first

smartphone compatible with the lightening-fast

5G mobile internet service that networks expect

to have up and running by 2020.

The company said the Gigabit Phone is the

first smartphone capable of download speeds

reaching up to 1 gigabit per second (Gbps) - up

to 10 times faster than the first generation of 4G

services widely in use today.

The device, unveiled in Barcelona in

northeastern Spain on the eve of the start on

Monday of the Mobile World Congress, the world’s

biggest mobile fair, will allow for 360-degree

panoramic Virtual Reality video and fast

downloads of ultra Hi-Fi music and videos.

“With the new device, the way people stay

connected will be changed forever. Focusing on

5G technologies will be one of the key priorities

of ZTE’s global development,” a ZTE spokesman

said.

Tech firms are racing to develop products

that will be compatible with 5G, shorthand for

the fifth generation of networks, which promise

blazing fast connectivity for a generation used to

streaming movies and TV directly to phones.

South Korean carrier KT Corp aims to offer

trial 5G services during the 2018 Winter Olympics

in Pyeongchang.

The first large-scale commercial deployment of

the technology is expected in 2020.

Forrester analyst Thomas Husson said ZTE was

using the phone to “showcase innovation” and

“offer a glimpse into the future when people will

be able to download full movies in seconds” but it

was not likely to be a big seller.

“The sad reality is that this smartphone will

not end up in consumers’ pockets because both

5G and Virtual Reality are still years away to be a

mass-market consumer reality,” he added.

ZTE launches world’s first 5G-ready smartphone

BARCELONA

(AFP)

-

Finnish

brand Nokia, a former mobile star,

on Sunday launched three new

Android smartphones and unveiled

a revamped version of its iconic 3310

model more than a decade after it

was phased out.

Unlike the original, which was

known for its sturdiness, the new

Nokia 3310 will allow web browsing.

The new version will bring back

its predecessor’s popular “Snake”

game and distinctive ringtones, said

Arto Nummela, the head of Finnish

start-up HMD Global which will

produce the phone under a licensing

agreement with Nokia.

“The telephone will allow you to

talk for 22 hours, ten times more

than the original,” he said during a

presentation in Barcelona on the

eve of the start of the Mobile World

Congress, the world’s biggest mobile

phone show.

Launched in 2000, Nokia’s

original 3310 sold nearly 120 million

units worldwide before it was

discontinued in 2005, making it one

of the world’s best-selling mobile

phones.

Analysts said resurrecting the

popular model was a clever way

for HMD Global to relaunch Nokia’s

brand.

“HMD launched three new

smartphones and an iconic mobile.

It is a way to create a halo effect

around the other models by reviving

talk about the Nokia brand,” said

Thomas Husson, a mobile analyst at

Forrester.

In addition to the new 3310, HMD

presented three new smartphones,

the Nokia 3, Nokia 5 and Nokia 6

which will sell for different prices.

The Nokia 6 was already available

in China and will now go on sale

globally.

“We think (Nokia) could take 5

per cent of the global smartphone

market by the end of 2019. But it

needs to get big quick or it won’t

work,” said CCS Insight’s device

specialist and chief of research, Ben

Wood.

Nokia was the world’s top

mobile maker between 1998 and

2011 but was overtaken by South

Korean rival Samsung after failing

to respond to the rapid rise of

smartphones.

Its telephone brand remains

widely recognised, especially in

developing markets.

Nowa leading telecomequipment

maker, Nokia sold its entire handset

business to Microsoft Corp in 2014.

Last year HMD bought Microsoft

Mobile’s handset business and the

right to use the Nokia brand.

Under the agreement, Nokia will

receive royalty payments from HMD

for sales of every Nokia branded

mobile phone or tablet.

AP

Nokia relaunches iconic

3310 mobile model

Arto Nummela, Chief Executive Of icer at HMD Global, shows the new re-

launched Nokia 3310 phone, ahead of Monday’s opening of the Mobile

World Congress wireless show in Barcelona