Paytm Said to Seek RBI Licence to Start Money Market Fund

Paytm has applied for a licence to set up a money market mutual fund that will enable the company to expand its financial offerings to consumers.

According to sources, Paytm has applied to the Reserve Bank of India (RBI) to start the fund in the coming months, a move that will enable the company to increase revenues from financial services.

When contacted, Paytm declined to comment.

The primary objective of a money market fund is to invest in short-term securities.

The Alibaba and SoftBank-backed company had, last month, started its payments bank operations in the country and aims to garner 500 million customers by 2020.

Paytm Said to Seek RBI Licence to Start Money Market Fund

The company has earmarked an initial investment of Rs. 400 crores to build its banking network over two years.

 

Also, it launched ‘Digital Gold’ in April this year to allow its over 200 million users to buy and sell gold through its platform.

At the time of launch, Paytm founder and CEO Vijay Shekhar Sharma had said it was “the first step in Paytm’s journey in wealth management”.

Paytm seems to be drawing inspiration from its investor, Alipay that set up Yu’e Bao in 2013 that allows Alipay customers to convert the money in their accounts into units of a money market fund, offering them higher interest rates.

According to reports, Yu’e Bao had over $165 billion (roughly Rs. 1,06,565 crores) under management, making it one of the biggest money market funds in the world.

Facebook to Keep Wraps on Political Ads Data Despite Researchers’ Demands

Facebook said it would not disclose information about political campaign advertising or related data such as how many users click on ads and if advertising messages are consistent across demographics, despite arguments from political scientists who want the data for research.

Details such as the frequency of ads, how much money was spent on them, where they were seen, what the messages were and how many people were reached would remain confidential under the company’s corporate policy, which is the same for political advertising as for commercial customers.

“Advertisers consider their ad creatives and their ad targeting strategy to be competitively sensitive and confidential,” Rob Sherman, Facebook’s deputy chief privacy officer, said in an interview on Wednesday, when asked about political ads.

“In many cases, they’ll ask us, as a condition of running ads on Facebook, not to disclose those details about how they’re running campaigns on our service,” he said. “From our perspective, it’s confidential information of these advertisers.”

Sherman said it would not make an exception for political advertising. “We try to have consistent policies across the board, so that we’re imposing similar requirements on everybody.”

Academics who study political campaigns worldwide said this kind of information fosters accountability by analyzing how candidates compete for votes and whether election systems live up to expectations of fairness. Transparency can also deter fraudulent ads, they said.

“We don’t have the capacity right now to track it, and nobody does, as far as we can tell,” said Bowdoin College professor Michael Franz, a co-director of the Wesleyan Media Project, which catalogs political ads on traditional television but has no means of doing so on Facebook.

Television has been the backbone of political advertising for decades, and local US broadcasters are required to disclose a wealth of details about the cost and schedules of ads. The ads can be seen by anyone with a television provided they are aired in their markets.

Facebook to Keep Wraps on Political Ads Data Despite Researchers' Demands

Online advertising, though, often targets narrow, more carefully constructed audiences, so for example an ad could be directed only to Democrats under 25 years of age.

Thousands of variations of online ads can be directed at select groups and the targeting can be extreme. Academics argue this is where the process can become very opaque.

“Candidates can speak out of both sides of their mouths,” said Daniel Kreiss, a communications professor at the University of North Carolina at Chapel Hill. “Having some kind of digital repository of ads that are purchased during a particular cycle and linked to a particular source is a good, democratic thing for the public.”

No such repository exists, and the quandary for researchers is expected to worsen as more politicians use digital advertising because of its relatively low cost and opportunities for target marketing.

 

According to US President Donald Trump’s campaign, $70 million was spent for its ads on Facebook, more than on any other digital platform including Google, and Trump has credited Facebook with helping him defeat Democrat Hillary Clinton last November.

Advertising on Facebook also figured prominently in recent elections in the Netherlands and the United Kingdom, researchers said.

Britain is investigating how candidates use data to target voters.

Facebook ads generally disappear with the scroll of a thumb on a smartphone, and they have no permanent links. Advocates for transparency call them “dark ads.” Facebook calls them “unpublished posts.”

Researchers said that disclosure reports from the US Federal Election Commission are unhelpful because they show what campaigns pay to intermediaries, not to internet platforms.

The role of advertising online is as important to study as the effect of so-called “fake news,” which has received more attention than ads, scholars said.

“The holy grail, I think, of political analysis for the 2016 election is to figure out which communications from which entities had an effect on which jurisdictions in the United States,” said Nathan Persily, a Stanford University professor who writes about elections.

Facebook has such information and should make it available for study, Persily said.

Facebook’s Sherman said the company was open to hearing research proposals, but he doubted much could be achieved.

“Even if we were able to be more transparent in this area, it would only be a very small piece of an overall story,” he said.

 

Nintendo Switch Update Makes It Easier to Find Lost Joy-Con Controllers

Nintendo’s Switch console got a substantial software update that literally helps it keep its act together.

The portable console has detachable controllers – Joy-Cons – two adjectives that are essentially code for “easy to lose.” With the new Switch update, users will now be able to use the main console to make the controllers vibrate, letting you know where you left them after that last heated bout of MarioKart. Finding them could save you $80, after all.

The update also makes some additional adjustments to the console, including a smarter storage system that will sense when the console is out of room and will suggest which things you can delete to make the space for whatever you’re downloading.

Nintendo Switch Update Makes It Easier to Find Lost Joy-Con Controllers

On the social side of things, players will also be able to download their friends’ lists from Nintendo’s previous systems the Wii U and the Nintendo 3DS. More serious gamers will also be happy to hear they can now use the Switch’s Pro Controller, which looks more like a traditional game controller, while charging.

Of course, this doesn’t fix everything about the Switch. There are plenty of people, for example, who would like to see its battery life extended – or to see more games come to it. Neither of those is something a system software patch can fix.

But, as patches go, this is a pretty good one and can at least spare you a panicked moment or two.

 

 

LG V30 Launch to Be Held Ahead of IFA 2017: Report

Last month, leaked LG V30 mockups suggested that the smartphone could possibly feature a secondary slide-out display and now the handset has been tipped to launch in September this year. The LG V30 will reportedly be unveiled right ahead of IFA 2017 event, which will kick off in Berlin on September 1.

According to a report by South Korean news website ETNews, for the first time for a handset in its V-Series, LG will be launching the V30 smartphone ahead of IFA 2017 event in Germany. Apart from this, LG is also planning to hold pre-order sales for V30 in South Korea, which will also be a first for any phone from V-Series, in an attempt to promote V30, as per the report.

LG V30 Launch to Be Held Ahead of IFA 2017: Report

LG has been tipped to hold pre-order sales for “about a week or two” via three South Korean mobile network providers after the launch event of V30. ETNews has suggested that the smartphone will be officially released in South Korea during September. Notably, the report has not mentioned whether there will be pre-order sales for other markets as well.

The South Korean news website says that LG V30 is expected to be priced by the company around “latter end of KRW 800,000 (roughly Rs. 45,200).” As per the report, LG V30 comes with a near bezel-less design just like the company’s current flagship LG G6 and will feature a dual-camera setup at the back just like its predecessor LG V20. The smartphone has been suggested to house a 3200mAh battery as well. It has been tipped to be powered by Qualcomm Snapdragon 835 SoC and come with IP68 water and dust resistance rating.

 

In audio department, LG V30 has been suggested to come with ESS’ new Quad DAC, which should allow it to deliver impressive performance. Notably, the phone has been tipped to retain the 3.5mm audio jack as well. Finally, LG V30 is expected to be offered in 32GB, 64GB, and 128GB storage options.

To recall, LG has previously been tipped to use OLED display on LG V30 and “old-ish” mockups have suggested that the early designs of the smartphone included a slide-out secondary display as well.

As these are just leaks, we would advise you to take this information with a pinch of salt on the side and wait for the official information from the company.

 

OnePlus 5 India Launch Starts: Watch Live Stream Here

OnePlus 5 India launch event has started. The event is being held in Mumbai, and being live-streamed on YouTube, so you can catch all the updates as they are announced in the video below. For the Indian market, OnePlus 5 will come with Paytm integration on the software side, with a new Quick Pay feature that brings users to the payment page with a single long-press on he fingerprint sensor. The smartphone will be available to purchase today itself from Amazon India.

OnePlus 5 India Launch Starts: Watch Live Stream Here

OnePlus 5 price in India

In a contest being held at the launch event, the OnePlus 5 price in India has been announced as Rs. 32,999 for the 6GB RAM + 64GB storage variant, and Rs. 37,999 for the 8GB RM + 128GB storage variant. OnePlus 5 will become available to buy from Amazon India at 4:30pm IST on Thursday itself. The company is also hosting pop-up events in New Delhi, Mumbai, Bengaluru and Chennai over the next couple of days, where the smartphone will be available for purchase offline.

OnePlus 5 specifications
OnePlus 5 runs OxygenOS based on Android 7.1.1 Nougat. It is a dual-SIM dual-standby smartphone with support for Nano-SIM cards. It sports a 5.5-inch full-HD (1080×1920 pixels) Optic AMOLED display supporting sRGB and DCI-P3 colour standards, and is protected by 2.5D Gorilla Glass 5. The new flagship smartphone is powered by a Qualcomm Snapdragon 835 SoC coupled with the Adreno 540 GPU and up to 8GB of LPDDR4X RAM.

As for camera, OnePlus 5 bears a dual rear camera setup made up of a 16-megapixel main camera (Sony IMX398 sensor, 1.12-micron pixels) with an f/1.7 aperture and a 20-megapixel telephoto camera (Sony IMX350 sensor, 1-micron pixels) with an f/2.6 aperture. Coming to the front camera, buyers will get a 16-megapixel front camera with a 1-micron pixel Sony IMX371 sensor, an f/2.0 aperture, and EIS.

OnePlus 5 connectivity options include 4G LTE (with VoLTE), dual-band Wi-Fi 802.11 a/b/g/n/ac, Bluetooth v5.0, NFC, GPS/ A-GPS, and USB Type-C (v2.0). Sensors on board the smartphone include an accelerometer, ambient light sensor, digital compass, gyroscope, and a proximity sensor. It weighs 153 grams, and measures 154.2×74.1×7.25mm.

The new OnePlus 5 will be available in two colour variants – Midnight Black and Slate Grey. It retains the single speaker as well as the 3.5mm audio jack on the bottom panel. Other features carried on from previous generations of OnePlus smartphones include hardware capacitive keys (with the option of onscreen navigation) and the Alert Slider.

OnePlus 5 comes with several upgrades over its predecessor, the OnePlus 3T. These include, of course, the dual camera setup on the back, 8GB RAM option, and updated design. There are a number of small changes that won’t be apparent to users when they get their hands on the new smartphone, so you can head over to our in-depth OnePlus 5 vs OnePlus 3T comparison for a look at the differences between the two.

But it’s not just OnePlus 3T that the new flagship competes against, as the smartphone’s primary competition is with the the top models in the stables of Apple, Xiaomi, and Samsung. You can check out our detailed OnePlus 5 vs Mi 6, iPhone 7, and Samsung Galaxy S8 comparison to find out which model is right for you.

 

 

Nokia 3310 Durability Test Sees It Struggle to Handle Scratches, Burns

The original Nokia 3310 was well known for its durability and if you have been following Internet memes over the past decade, you would know this by now. However, as it turns out, the new Nokia 3310 doesn’t seem to match up to its competition in terms of scratch resistance as well as build quality thanks to the use of plastic screen and body on the handset.

In a test video posted by channel named VoloKin Project on YouTube, the Nokia 3310 (2017) offered little resistance against scratches when the tester tried to use a level 5 knife, which doesn’t scratch modern flagships including Samsung Galaxy S8. Due to the presence of plastic screen and body, the new feature phone from Nokia fell victim to permanent scratches even with keys that are likely to be placed in users’ pocket often times.

Not only did the camera lens scratch easily with the knife used in test but the entire camera panel popped out fairly easily on applying some pressure with the knife on the sides, as can be seen in the video embedded above. While it was expected due to presence of plastic screen, the phone’s front got burned rather easily in the burn test and produced irreversible marks at the front of display.

Nokia 3310 Durability Test Sees It Struggle to Handle Scratches, Burns

The only solace that the new Nokia 3310 got from entire routine was from the bend test. While the tester seemingly applied all the force at his disposal, he couldn’t bend the phone with his bare hands. While the phone’s body popped out a little in the bend test, it was easily fixed by merely pressing the phone from both ends at once.

Although the durability offered by the original Nokia 3310 is a stuff of legends, it seems like the smartphones are now moving in the right direction with the use of glass and metal instead of plastic to enhance the build quality. Nobody likes their phone all scratched up and if this is a concern for you, you might want to think twice before buying the revamped Nokia 3310 despite it costing just Rs. 3310 in India.

To recall, the Nokia 3310 (2017) was launched in India last month. If you want to get in-depth information about its performance, you might want to check out our review of the feature phone.

 

OnePlus 5 Launched in India, Price Starts at Rs. 32,999: Launch Offers, Release Date, Specifications, and More

OnePlus 5 (Review) has been launched in India, just two days after its global unveiling. The new smartphone has been launched at starting price of Rs. 32,999, and will be available on Amazon India for now, and will head to the OnePlus retail channels next week. However, fans who want to get their hands on the smartphone offline can get it at the pop-up events being held in New Delhi, Mumbai, Bengaluru, and Chennai over the next two days. There are several OnePlus 5 India launch offers the company has announced for those who purchase the smartphone from Amazon.

OnePlus 5 Launched in India, Price Starts at Rs. 32,999: Launch Offers, Release Date, Specifications, and More

OnePlus 5 price in India, and availability

The OnePlus 5 price in India is Rs. 32,999 for the 6GB RAM/ 64GB storage variant, while those who want to purchase the model with 8GB RAM/ 128GB storage will have to shell out Rs. 37,999. The former will only be available in the Slate Grey colour variant, while the latter will only be available in Midnight Black. These OnePlus 5 prices are slightly more expensive than in the US, but cheaper than in Europe.

OnePlus 5 sale in India starts from Thursday itself, via Amazon India. The first Early Access Sale opens at 4:30pm IST for users that registered for notification. The OnePlus 5 will then be made available for open sale from Amazon India, OnePlus Store, and OnePlus Experience Stores (in Delhi and Bengaluru) from 12am IST, Tuesday, June 27.

OnePlus 5 India launch offers
Both 6GB RAM/ 64GB storage and 8GB RAM/ 128GB storage OnePlus 5 variants will be made available during the sale. Vodafone prepaid users will get 10GB of data per month at the price of 1GB for 5 months on buying the smartphone between June 22 and September 30. Similarly, postpaid subscribers of the operator will get 9GB of additional data free for 5 billing cycles if they are on plans with 1GB or more data; on top of this, Vodafone Red users wit 4G SIM will get 10GB of extra free data per month for 3 months through by logging into the MyVodafone app.

SBI credit and debit card holders will get flat Rs. 1.500 cashback on the OnePlus 5 price, on top of the up to Rs. 1,000 exchange offer the company is running (valid till June 28 across all authorised retail channels). Kindle users who purchase the handset between June 22 and July 31 will get promotional e-book credit worth Rs. 500 when logging into the app from the smartphone. Sign in on the Amazon Prime Video app on the phone to get Rs. 250 cashback in Amazon Pay balance. All OnePlus 5 users will be eligible for 12-month Accidental Damage Insurance by Servify on downloading the Kotak 811 savings account and activating it with an initial deposit of Rs. 1,000.

OnePlus 5 features
Before we get to the OnePlus 5 specifications, let us first take a look at the OnePlus 5 features that deserve to be highlighted. The first, is the dual rear camera setup. OnePlus claims the setup is the “highest resolution dual-camera system on a smartphone”, comprising a 16-megapixel main camera and a 20-megapixel telephoto camera. The two cameras together provide effects like Bokeh and lossless zoom up to 2x. The company has also increased the size of the aperture of the main camera compared to the OnePlus 3T, enabling better low-light performance and image stabilisation. OnePlus has chosen include only EIS on the smartphone, forgoing OIS. Also added is a Pro Mode for manual adjustments. More details about the OnePlus camera can be found in the specifications section of this article.

Other features about the OnePlus 5 that are worth highlighting include support for 34 GSM network bands (making it a “true world phone”, according to OnePlus), OxygenOS additions (App Priority, Expanded Screenshots, Reading Mode, Translucent App Drawer, Auto Night Mode, Off-Screen Gestures, Customisable Vibrations, Gaming DND Mode, and Secure Box), as well as the hardware capacitive keys and the Alert Slider.

oneplus 5 front back gadgets 360

The OnePlus 5 features a fingerprint sensor on the Home Button, said the unlock the smartphone in as little as 0.2 seconds. It supports Paytm Quick Pay, which is a fingerprint reader shortcut to open the Paytm app’s payment page. Users will need to long press the Home Button with their registered finger to open the Paytm payment page.

OnePlus specifications
We finally get to the OnePlus 5 specifications. The dual-SIM (Nano-SIM) dual-standby smartphone runs OxygenOS, based on Android 7.1.1 Nougat. It features a 5.5-inch full-HD (1080×1920 pixels) Optic AMOLED display with a pixel density of 401ppi (pixels per inch) and 2.5D curved Gorilla Glass 5 protection. The display supports both sRGB and DCI-P3 colour standards.

The OnePlus 5 is powered by an octa-core Qualcomm Snapdragon 835 SoC (four cores clocked at 2.45GHz, and four cores clocked at 1.9GHz), coupled with either 6GB or 8GB of LPDDR4X RAM, as well as the Adreno 540 GPU.

As for the camera, the OnePlus 5’s dual rear camera setup supports EIS and bears a 16-megapixel main camera with a 1.12-micron pixel Sony IMX398 sensor and an f/1.7 aperture. This is clubbed with a 20-megapixel telephoto camera featuring a 1-micron pixel Sony IMX350 sensor and an f/2.6 aperture. The OnePlus 5 front camera on the other hand bears a 16-megapixel Sony IMX371 sensor with 1-micron pixels, an f/2.0 aperture, and EIS.

OnePlus has used UFS 2.1 storage on the OnePlus 5, and as we mentioned, the smartphone will be available in 64GB and 128GB storage variants. OnePlus has not included a microSD card slot for storage expansion.

As for OnePlus 5 connectivity options, the company has included 4G VoLTE (Cat. 12, up to 600Mbps downloads and 150Mbps uploads), dual-band (2.4GHz and 5GHz) Wi-Fi 802.11 a/b/g/n/ac, Bluetooth v5.0, NFC, GPS/ A-GPS, 3.5mm audio jack, and USB Type-C (v2.0). The OnePlus 5 bears an accelerometer, ambient light sensor, digital compass, gyroscope, and a proximity sensor. The smartphone measures 154.2×74.1×7.25mm, and weighs in at 153 grams.

OnePlus 5 vs OnePlus 3T, Mi 6, iPhone 7 Plus

If you’re interested in how the smartphone compares against rivals like the Samsung Galaxy S8, iPhone 7 Plus, and Xiaomi Mi 6 in terms of price, specifications, and features, read our comparison piece. If you’re wondering just what the differences are between the OnePlus 5 and OnePlus 3T, refer to our ‘What’s New and Different’ piece.

 

 

Imagination Tech Puts Itself Up for Sale After Apple Fight

Imagination Technologies, the British firm that lost 70 percent of its value after being ditched by its biggest customer Apple, put itself up for sale on Thursday in a disappointing end to a once-great European tech success story.

Founded in 1985 and listed in 1994, Imagination has been rocked by Apple’s announcement in April that it was developing its own graphics chips and would no longer use Imagination’s processing designs in 15 months to two years time.

Apple’s decision, which analysts said posed an existential threat to the company, sent Imagination’s shares plummeting 70 percent on April 3 and they have barely recovered since.

The stock jumped as much as 21 percent on Thursday, however, after the sale announcement to 149.5 pence, giving the company a market capitalisation of GBP 425 million ($538 million or roughly Rs. 3,474 crores).

Analysts said potential buyers could include Intel, Qualcomm, MediaTek, CEVA and various entities from China, while Apple itself could be interested.

“Imagination Technologies announces that over the last few weeks it has received interest from a number of parties for a potential acquisition of the whole group,” the company said.

“The board of Imagination has therefore decided to initiate a formal sale process for the group and is engaged in preliminary discussions with potential bidders.”

Imagination has said it doubted Apple, which accounts for about half of its sales, could go it alone without violating Imagination’s patents. Analysts said legal battles were likely and Imagination started a dispute resolution procedure in May with the US giant, which is valued at $761 billion.

The British company initially responded to Apple’s decision to walk away by putting two of its main divisions up for sale.

“That was a pretty dire scenario, akin to selling off the family silver to keep the estate going a little longer,” said Neil Wilson, Senior Market Analyst, ETX Capital. “Now the shutters are up and a buyer sought. A pretty ignominious end to what was a great British tech success story.”

Imagination Tech Puts Itself Up for Sale After Apple Fight

Apple reliance
Imagination has licensed its processing designs to Apple from the time of the first iPod and receives a small royalty on every device using its graphics.

Imagination’s shares rose sharply between 2009 and 2012 as sales of smartphones boomed, prompting Apple and Intel to buy stakes and the company was valued at more than GBP 2 billion (roughly Rs. 16,356 crores) in April 2012. Apple owns 8 percent of the shares.

Imagination struggled, however, to reduce its reliance on Apple, and has faced increased competition from the likes of chipmaker Qualcomm and British rival ARM, which developed its own graphics to complement its core processor blueprints.

Imagination downplayed fears it could lose Apple contract for years. Facing reports that Apple was building a graphics operation and hiring Imagination staff, the British firm told investors that Apple was just improving its customisation of the technology Imagination sold, rather than replacing it.

Analysts at Stifel said they thought interested parties could include those groups that want to develop their own processing technology across platforms such as mobile, wearable tech, vehicles and the so-called Internet of Things.

“This could include a coordinated Chinese bid, a hyper-scale vendor from the cloud or some other IP player,” they said.

Imagination said on Thursday it had received indicative proposals for its embedded MIPS technology – processors used in vehicles and home appliances – and its mobile connectivity division Ensigma, the two businesses put up for sale in the wake of the slide in its shares.

While Imagination has other clients for its technology, UBS analysts estimated in April that its non-Apple business was worth just GBP 81 million and the MIPS division, which it bought for $100 million in 2013, was worth GBP 77 million.

UBS said the company could be worth 110 pence per share on a sum of the parts basis. In May, Jefferies said the wind up value was about 96 pence a share while Morgan Stanley said the company could be worth as little as GBP 106 million, or just 30 pence per share, though its base case was 95 pence.

The US investment bank said Imagination’s headquarters was worth GBP 40 million.

ZTE Small Fresh 5 With 4GB RAM, Dual Rear Cameras Launched

ZTE launched its Small Fresh 4 last year and the company has now the launched the smartphone’s successor – Small Fresh 5 – in China. The most interesting feature in the new iteration of the smartphone series is its rear camera setup, which now comes with two sensors for capturing images with depth of the field. The phone will be available in colours including Dark Grey, Grass Green, Elegant Gold, and Glacier Blue.

The ZTE Small Fresh 5 has been launched by the company in two RAM/ storage variants, i.e 3GB RAM/ 16GB storage and 4GB RAM/ 32GB storage, priced at CNY 999 (roughly Rs. 9,400) and CNY 1399 (roughly Rs. 13,200) respectively. The smartphone will be made available for purchase in the country from July 5 onwards.

ZTE Small Fresh 5 With 4GB RAM, Dual Rear Cameras Launched

The dual-SIM Small Fresh 5 runs MiFavor UI 4.2 based on Android 7.1 Nougat out-of-the-box and sports a 5-inch HD (720×1280 pixels) display. The smartphone is powered by a quad-core 1.4GHz Qualcomm Snapdragon 425 SoC coupled with either of the RAM variants mentioned above.

In terms of optics, the dual rear camera setup on the ZTE Small Fresh 5 comes with a 13-megapixel primary sensor and a 2-megapixel secondary sensor as well. At the front, the smartphone features a 5-megapixel camera for clicking selfies. The phone comes with a fingerprint scanner, located at the back, as well.

The storage on the ZTE Small Fresh 5 is expandable via microSD card (up to 128GB). The connectivity options on the smartphone include 4G LTE, Bluetooth 4.1, Wi-Fi 802.11 b/g/n, and GPS + GLONASS. The smartphone houses a 2500mAh battery, measures 145×70.7×7.9mm, and weighs 132 grams.

 

iPhone 8’s Anticipated In-Screen Fingerprint Sensor Delaying Shipments

While a recent report suggested that Samsung Galaxy Note 8 will not feature a fingerprint scanner embedded in the display, it seems like Apple’s implementation of the feature has also hit a roadblock. If the latest reports are to be believed, iPhone 8 production may have been delayed as the Cupertino-based company has still not finalised the design for the fingerprint scanner embedded in the display.

Investment firm Cowen & Co. has claimed that Apple is yet to finalise plans for the implementation of Touch ID on iPhone 8, as per a memo received by CNET. Citing analysts, the report says that currently, Apple is considering three options for the fingerprint sensor on the upcoming iPhone 8.

As the first option, the company is considering “thinning the cover glass for the fingerprint area (cover glass cutout).” The second option under consideration would be to create a pin hole through the glass for optical or ultrasonic fingerprint sensing. The final option would be to replace the the AuthenTec Touch ID with a ‘film’ fingerprint sensor that is integrated with the display, as per the report.

iPhone 8's Anticipated In-Screen Fingerprint Sensor Delaying Shipments: Report

As the iPhone-maker still seems to be deliberating upon these options, the investment firm has predicted that the iPhone 8 shipments will be delayed by a month of two and will eventually go on sale in the fourth quarter this year. In order to make up for this expected delay, Cowen says that Apple can possibly stock as many as 90 million iPhone units in fourth quarter of 2017.

Notably, all the options mentioned above suggest that the fingerprint scanner will be present at the front of the display and not at the back, as has been suggested by some earlier rumours.

Interestingly, the same report that suggested Galaxy Note 8 will not be getting an in-screen fingerprint sensor due to security issues also suggested that Apple has succeeded in the implementation of the feature on iPhone 8. While the report mentioned that the company faced its fair share of problems with the design, it said that the Cupertino-based tech giant finally succeeded in introducing it.