Short battery life consistently ranks as the top complaint of smartphone users. To increase it, smartphone manufacturers can produce devices with larger batteries, increasing their size and weight, improve the energy density of their batteries, or use different battery technology. Alternatively, they can make it easier for users to charge their devices, and that’s the path Huawei has decided to take by making long-range wireless charging a reality, according to an IT Home report.
The report revealed that the Chinese multinational technology company known for its telecommunications equipment and consumer electronics has filed a patent for a new technology that would make it possible to charge battery-powered devices wirelessly over a long distance.
Currently, wireless charging requires two coils to be placed directly opposite each other. This greatly restricts the potential applications of this otherwise wonderful technology, whose only other major drawback is its inefficiency.
According to the patent’s description, Huawei has been able to figure out how to increase the distance between the two coils by sending electricity through a variety of media, including iron, aluminum, copper, alloy materials, metal pipes, humans, animals, soil, earth, seawater, or just about any other material with conductivity greater than that of air.
“IT Home understands that the purpose of this Huawei patent is to increase the equivalent coupling capacitance between the transmitting electrode and the receiving electrode, which can effectively increase the transmission power between the transmitting device and the receiving device, thereby realizing long-distance wireless charging,” writes the technology portal.
This kind of long-range wireless charging technology could revolutionize the wearables market, but its potential applications extend much further. For example, it could be used to charge embedded medial devices, industrial sensors, and other small devices that can’t be easily connected to a regular charger.
Since the patented technology has yet to be put to practical use, we don’t know anything at all about its safety or potential downsides.
Stripe Enters The Middle East With Its UAE Launch
Stripe will initially only be available to UAE businesses, allowing them to accept online payments, make payouts, mitigate fraud, and attract customers from around the world.
Stripe, a provider of online payment processing for internet business, has finally expanded to the Middle East with its official launch in the United Arab Emirates. The Irish-American company also opened an office in Dubai Internet City, allowing it to be closer to its new customer base.
At first, Stripe will only be available to UAE businesses, allowing them to accept online payments, make payouts, mitigate fraud, and attract customers from around the world.
“The UAE is a thriving hub for technology, supported by strong investor appetite, internet-savvy consumers, and an open, innovative ecosystem of business leaders and entrepreneurs,” said Matt Henderson, EMEA Business Lead at Stripe. “Our launch today also means we can now connect our global user base to the Gulf, enabling them to seamlessly expand their operations in the region.”
Stripe’s entry into the Middle East market comes just weeks after its latest round of funding, which has resulted in the company’s value jumping up to $95 billion and making it one of the most valuable fintech companies in the world.
The UAE is the perfect entry point for the online payment processing provider because the total value of digital payment transactions in the gulf country has doubled in the last two years alone, reaching $18.5 billion in 2020. If the UAE remains on the current growth trajectory, its e-commerce sector is expected to add nearly another $10 billion over the next two years.
Another factor that makes the UAE such an ideal expansion point is the fact that accepting online payments in the country has historically been incredibly challenging. Stripe provides a straightforward setup process and developer-friendly APIs, making it easy for companies of all sizes to improve their online presence.
Last year, Stripe launched in the Czech Republic, Hungary, Romania, Bulgaria, Cyprus, and Malta. The company also expanded into Africa via Nigeria technology startup Paystack. In total, Stripe currently processes hundreds of billions of dollars each year.