Top tech news: iPhones with new gamer displays in 2020 and Xiaomi enters the Fortune 500 list

  • Apple’s new iPhones may come with a new switchable display to improve gaming on iOS.
  • Consumer spend on mobile games accounted for 75% of the total expenditure on apps this quarter.
  • A new WhatsApp scam cons Indians out of money with a promise of employment in the UAE.
  • China’s new Nasdaq-style board for tech shares starts trading with 25 companies listed.
This is Tech Insider’s daily dose of tech news — everything that’s happening in tech that you need to know about today from Business Insider and its partner publications:

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Apple next-gen iPhones could implement gamer friendly displays

Apple next-gen iPhones could implement gamer friendly displays

Apple 2020 iPhones may have a switchable 60Hz and 120Hz refresh rate. Higher refresh rates can already be found on ‘gaming’ smartphone like the Asus ROG gaming phone and the Razer Phone 2. Even the OnePlus 7 Pro comes with a 90Hz display refresh rate.

What does that mean for your phone’s performance? Essentially, less lag, smoother animations and seamless scrolling. But, on the flip side, it could also mean that you could run out of battery faster since having a higher refresh rate means more power consumption.

​Gamers are spending big bucks on mobile apps — but not in India

​Gamers are spending big bucks on mobile apps — but not in India

Mobile users spend over $22 billion on mobile apps during the last quarter, Q2 2019. More than 75% of that consumer spend was initiated on gaming apps like Candy Crush and PUBG Mobile.

Gaming has always been ‘niche’ but the rise of hyper casual gaming and smartphones making ‘hardcore’ gaming more accessible has led to a boom in the category.

India was the largest downloader of mobile games during the quarter but when it came to spending on game, the country didn’t even make it into the top 3.

China’s new Nasdaq-style board for tech shares starts trading with 25 companies listed

China’s new Nasdaq-style board for tech shares starts trading with 25 companies listed

China’s STAR market went live today and it only trades with the 25 tech companies that are listed on the Science and Technology Innovation Board.

In recent times, Chinese tech giants — like Alibaba, Tencent, Xiaomi and JD.com — have launched IPOs. But, they’ve either done it in Hong Kong or in New York.

The Chinese government wants more tech companies to list themselves in the domestic market. It also wants to attract more global companies to come into China and invest.

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