smartphones

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A Xiaomi executive warned on an earnings call that memory prices surging 'beyond imagination' are drawing smartphone makers into a long-term price-raising cycle, after which some players may suffer significant losses or even closure. The company reported a 27 percent year-on-year drop in fourth-quarter net profit.

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A new study in the Netherlands suggests that banning smartphones in schools could lead to increased emotional loneliness among some students, particularly those with social vulnerabilities. Researchers surveyed students before and after a nationwide ban took effect in January 2024. While social loneliness remained stable overall, emotional isolation slightly rose, highlighting potential unintended mental health impacts.

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