New Delhi. Realme GT 5 Pro is its latest flagship entry in the Indian smartphone market this April. The device has a powerful Snapdragon 8 Gen 3 chipset and offers impressive features like up to 24GB of RAM, a display with 4,500 nits peak brightness, and fast 100W wired charging along with 50W wireless charging. Notably, these specifications position the Realme GT 5 Pro as a strong competitor to the recently launched OnePlus 12.
The base model with 12GB RAM and 256GB storage is priced at CNY 3,399 (approximately Rs 39,800). The 16GB + 512GB variant is priced at CNY 3,999 (approximately Rs 46,800). The top-end variant with 16GB RAM and 1TB storage is priced at CNY 4,299 (approximately Rs 50,400). Available in Red Rock (orange), Starry Night (black), and Bright Moon (white) color options, the Orange and White variants have a leather finish at the back, while the Black variant comes in a matte finish.
Display: The Realme GT 5 Pro features a 6.78-inch 1.5K curved AMOLED display with a 144Hz refresh rate, 4,500 nits peak brightness, and 2160Hz PWM dimming. It uses an 8T LTPO panel with Pro-XDR support. Processor: Powered by the latest Snapdragon 8 Gen 3 chipset paired with Adreno 750 GPU. RAM and Storage: Offers up to 16GB LPDDR5X RAM and 1TB UFS 4.0 storage.
Rear cameras: 50MP Sony LYT-T808 sensor with OIS, 50MP Sony IMX890 periscope telephoto sensor with OIS+EIS, and 8MP OmniVision OV0810 ultra-wide-angle lens. Front Camera: Equipped with 32MP front sensor for selfie. Battery and Charging: There is a 5,400mAh battery with support for 100W fast charging and 50W wireless charging. Software: Runs on Android 14-based Realme UI 5.0. Other features: IP64 rating, 3VC Iceberg cooling system, NFC, Dolby Atmos, under-display fingerprint sensor, and hi-res audio are also included. With these impressive specifications, the Realme GT 5 Pro stands out as a strong contender in the premium smartphone segment.
Amazon’s Compensation Changes: Impact on Employee Raises
Amazon’s Compensation Policy Changes for Senior Leaders
Amazon CEO Andy Jassy has implemented a significant change in the compensation policy for senior managers and leaders within the company. This year, there will be no cash pay raises for these top employees, a departure from the traditional reward structure at the online retailing giant.
Stock Compensation Instead of Cash
While some employees may receive additional company stock, it is not guaranteed. The compensation staff at Amazon have begun informing leaders about the changes in this year's policy. This adjustment affects employees classified as Level 6 or higher, encompassing middle management and above, including senior software engineers.
Emphasis on Stock Ownership
Amazon's compensation philosophy emphasizes ownership through RSUs (Restricted Stock Units). Margaret Callahan, an Amazon spokesperson, highlighted the company's belief that senior employees have already benefited significantly from the 80% increase in Amazon's share price over the past year. As a result, the compensation structure prioritizes stock over cash for senior employees.
Changes in Compensation Structure
Senior employees are less likely to receive cash payments, with a focus on RSUs for compensation. While some Level 6+ employees may see a cash base increase under certain circumstances, additional RSUs are not guaranteed. For those receiving new RSUs, the vesting schedule will align with higher-level employees, vesting quarterly instead of semi-annually.
Amazon's Strategic Investments
Under CEO Andy Jassy's leadership, Amazon is making strategic moves to reduce costs, increase profitability, and invest in growth areas like generative AI. The recent $2.75 billion investment in AI company Anthropic demonstrates Amazon's commitment to innovation and expansion.
Focus on Profitability
In pursuit of profitability, Amazon has undergone significant changes, including layoffs of over 27,000 corporate employees in recent years. Despite these workforce reductions, Amazon achieved its largest quarterly operating profit of $13.2 billion in the fourth quarter of 2023.
Share Your Thoughts
If you are an Amazon employee with insights or tips to share on this topic, you can contact Jason Del Rey at [email protected] or through LinkedIn or Twitter. Your feedback is valuable in understanding the impact of these compensation changes within Amazon.
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Q10 Expands Global Online Sales Channel with Acquisition of AK Mall
Execution time2024-03-27 17:13
Following the acquisition of ‘Time Park’, “Expanding the online sales channel for department store products globally”
(Seoul = Yonhap News) Reporter Seong Hye-mi = Asian e-commerce company Q10 formed a strategic partnership with AK Plaza Aekyung Group and acquired the online shopping center ‘AK Mall’ for 510 million won through its subsidiary Interpark Commerce.
Yonhap News Photo
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AK Holdings announced on the 27th, “We are transferring all assets, liabilities, and business rights for the e-commerce business sector, including AK Plaza’s AK Mall, to Interpark Commerce.”
Annual sales of the e-commerce sector, including AK Mall, are KRW 37 billion, and assets are KRW 48.1 billion.
It is known that the transfer price was set at a small amount of 510 million won, which was strategically decided with an emphasis on strategic collaboration between the two companies.
Interpark explained that this contract is intended to strengthen trade competitiveness by combining the strengths of Q10 and AK Plaza and further revitalize the online businesses of the two companies by helping domestic manufacturers enter the global market.
AK Mall conducts online business by selling products from affiliated partners, focusing on department store products located in AK Plaza.
Through this strategic partnership, C10 has set a goal of expanding the online sales channel for all products, including AK Plaza Department Store products, globally.
AK Plaza announced plans to accelerate the growth of online department stores through the competitiveness of Interpark Commerce’s excellent platform and Q10 while focusing on its core business, the offline department store business.
Kim Dong-sik, CEO of Interpark Commerce, said, “This partnership between AK Mall and Q10 Group will be a stepping stone for Interpark Commerce to further solidify its position in the global online market and provide wider sales opportunities for manufacturers domestic and foreign. .”
He added, “We expect that we will be able to accelerate AK Mall’s entry into the global market and create a new growth engine together with the strong platform competitiveness provided by Interpark Commerce and Q10 Group.”
Q10 Group CEO Koo Young-bae is the founder of Korea’s first open market, G Market.
When CEO Koo sold G Market to eBay in 2009, he promised ‘no concurrent business in Korea for 10 years’, so he set up Q10 in Singapore and Japan in 2010 and built local platforms in Southeast Asia, China and India.
After the end of the pledge period, it bought the so-called ‘Time Park’, including domestic companies Timon, Interpark, and WeMakePrice, through Q10, and last month announced the acquisition of ‘Wish’, a global shopping platform- widespread in North America and Europe.
C10 has expanded its department store offerings to AK Mall through Interpark.
Interpark Commerce promotes domestic sales of AK Mall brands and vendors as well as overseas expansion.
AK Plaza also sympathizes with the strategic direction of Q10 Group and intends to strive to support the expansion of online and offline stores globally.
Recently, Interpark introduced a new global shopping platform ‘Inpark Shopping’ in connection with Q10 overseas channels, and its strategy is to expand its sales channel by connecting AK Mall products as well.
In addition to exporting to Southeast Asia, Q10 uses Wish acquired by Q10 to move on to the US and Europe, and is supported by Q10’s logistics subsidiary, QExpress.
A distribution industry official said, “Q10’s domestic online competitiveness, as well as its global network spanning over 200 countries and QExpress logistics service capabilities, can be a new opportunity for brands and manufacturers.”
Koo Young-bae, CEO of C10
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Q10 Expands Global Online Sales Channel with Acquisition of AK Mall