Vc Tech

Black Shark 2, the high-end gaming phone from Xiaomi’s subsidiary may launch soon, claims a leaked poster. The Android smartphone recently appeared online, and Xiaomi appears to be in the final stages of development. The Xiaomi Black Shark, an Android smartphone built primarily for high-end gaming arrived in April this year. Surprisingly, within a few months,  Xiaomi  could be ready to unveil the second generation of the Black Shark phone, simply called the Black Shark 2. A poster that just surfaced online, claimed Xiaomi, is ready to launch the smartphone in the last week of October this year. The original Black Shark gaming phone was launched as a highly affordable option to other popular branded Android gaming smartphones like the Razer Phone 2, Asus ROG Phone and others. Now Xiaomi could be pushing the development with better specifications and game-specific hardware and features that smartphones like Asus ROG Phone pack. A few days ago, the...

Neil Campling, co-head of global thematic group at Mirabaud Securities, said that 82 percent of revenues from Apple's App Store come from gaming. Because of this, Apple has become "one of the biggest gaming companies in the world," Campling said. Research shows that the mobile gaming industry threatens to overtake traditional gaming. Bumper revenues via its App Store have placed  Apple  among the largest gaming firms globally — despite the fact it does not make its own games, an analyst told CNBC. "I think what's often lost is we've got hundreds of thousands of apps in the (Apple) App Store, but 82 percent of revenues is in gaming, it's all about the gaming vertical," Neil Campling, co-head of global thematic group at Mirabaud Securities, told CNBC's "Squawk Box Europe" Tuesday. A vertical market is one that focuses on a niche, specific industry rather than one that caters to a broad group of customers. Campling suggeste...