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8 New Google Products We Expect to See This Year

Google might add a foldable to its Pixel line in 2023, but that’s not all.

Google’s device line could end up having a particularly important moment in 2023. The company usually announces new Pixel products throughout the year. Google is expected to release its first foldable phone this year, however, which would directly compete with Samsung’s proven line of Galaxy Z Fold devices.

Google also introduced its own ChatGPT rival, Bard, which it opened up to the public in March. It wouldn’t be surprising to see new developments to Bard and hear about Google’s other AI ambitions during its I/O conference in May. 

Both potential announcements would further signal that tech giants are thinking about what’s next for the smartphone and the apps that run on these devices in 2023. Samsung and Motorola, for example, both introduced new concept devices earlier this year with slidable and rollable screens, which could one day succeed today’s foldables. And Microsoft has its own revamped version of Bing that uses AI to provide more direct and conversational answers, giving Google stronger competition in the search arena it’s dominated for years.   

Here’s a look at what we’re expecting from Google this year, based on rumors, reports and the company’s typical product launch schedule. We’ll be updating this story regularly as more leaks and reports surface. 

Pixel 7A

The back of Google's Pixel 6A phoneThe back of Google's Pixel 6A phone

Google’s Pixel 6A from last year.

Lisa Eadicicco/CNET

If history repeats itself, Google will release a cheaper version of the Pixel 7 known as the Pixel 7A in the spring or summer. Google introduced the Pixel 6A at Google I/O last year before putting it on sale in July. That means we might be just weeks away from learning about the Pixel 7A, if Google does decide to announce it at its annual developer conference again this year.

We won’t know anything for certain until Google debuts the Pixel 7A, but some leaks and reports have provided clues about what it might include. Developer Kuba Wojciechowski, who claims to have found details possibly referring to the Pixel 7A in the Android codebase, suggests the Pixel 7A could have a screen with a higher 90Hz refresh rate and wireless charging. 

That might not sound too exciting, but it’s notable because these two features are absent from the 6A. By bringing them to the Pixel 7A, Google would further close the gap between its premium and budget-friendly phones. 

Another purported leak from Vietnamese website Zing News suggests the Pixel 7A will have a 6.1-inch screen just like the 6A and a design that resembles the Pixel 7.

If the Pixel 7A follows in the Pixel 6A’s footsteps, we can expect it to have the same Tensor G2 processor as the Pixel 7, but a camera that’s a step down. 

Pixel Fold

Samsung Galaxy Z Fold 4Samsung Galaxy Z Fold 4

Samsung is currently the leader when it comes to foldable phones like the Z Fold 4, but maybe Google could give it some competition.

James Martin/CNET

Aside from Apple, Google is one of the only major phone-makers that hasn’t released a foldable phone or discussed plans to do so. But that could change in the near future. Reports from 9to5Google and WinFuture suggest Google’s first foldable Pixel device could arrive as soon as June.

The phone could avoid the Samsung Z Fold series’ tall, thin design in favor of a shorter, wider format with a look that’s similar to the Oppo Find N or Microsoft Surface Duo, according to reports and leaks from 9to5Google and YouTube personality Dave2D. Code in the beta for Android 13, which Wojciechowski says he discovered, also suggests the Pixel Fold would have a camera with main, ultrawide and telephoto lenses. 

Google is known for undercutting rivals like Apple and Samsung on price with its regular Pixel phones. If Google does release a foldable phone, I’m hoping it takes a similar approach. Samsung currently dominates foldable phones with 62% of the market in the first half of 2022, according to Counterpoint Research, so it’ll be interesting to see if Google can give Samsung some worthwhile competition. 

Sales of foldable phones are growing, but they still make up just a fraction of the broader smartphone market. Global shipments are expected to grow by 52% year-over-year in 2023, according to Counterpoint, reaching 22.7 million units. But when you consider that 304 million smartphones are estimated to have been shipped in the fourth quarter of 2022 based on Counterpoint’s findings, 22.7 million in a whole year seems like a drop in the ocean. 

Pixel 8 and 8 Pro

Pixel 7 ProPixel 7 Pro
James Martin/CNET

Google typically releases new flagship Pixel phones in the fall, and we’re expecting the company to follow that same pattern in 2023. We won’t know what’s in store for Google’s Pixel 8 and 8 Pro until it announces those devices. 

However, Google’s updates have been very camera-centric in recent years, with the Pixel 7 lineup gaining improved zoom and the Pixel 7 Pro receiving a new macro photography mode. With the Pixel 6 and 6 Pro, which were the first Pixels to run on Google’s Tensor chips, we saw new features like Magic Eraser, Face Unblur and Real Tone. With that in mind, it wouldn’t be surprising to see Google push the camera even further on the Pixel 8 and 8 Pro, although we won’t know exactly what that looks like just yet. Both phones will also likely have a new Tensor processor, too.

Leaks have been scarce so far, but there have been a few reports claiming to provide details about Google’s next pair of Pixels. WinFuture reports the new phones will run on Android 14, which is expected to be the next major version of Android, and will have 12GB of RAM. Well-known gadget leaker Steve Hemmerstoffer also partnered with blogs MySmartPrice and SmartPrix to publish what are said to be renderings of the Pixel 8 and Pixel 8 Pro. 

Android 14

Google logo is seen on an android mobile phoneGoogle logo is seen on an android mobile phone
Omar Marques/SOPA Images/LightRocket/Getty Images

Android 14 is currently available in a preview mode for developers, with the final consumer-ready version expected to arrive in the fall. Google releases new Android features and Pixel-specific features throughout the year, but its annual version upgrades usually provide sweeping platform-wide improvements. 

Android 13, for example, introduced more color options for Google’s Material You interface, end-to-end encryption for RCS group chats in Messages and more privacy protections, such as the option to grant apps access to a limited selection of photos instead of your whole library. 

Based on what we know about Android 14 so far, it seems like Google will continue building on these themes by making improvements related to power efficiency, privacy and accessibility. We’ll likely find out more at Google’s I/O developer conference in May. 

Pixel Tablet

Google Pixel 7 tabletGoogle Pixel 7 tablet
Screenshot/CNET

Google is taking a fresh approach to tablets with its upcoming Pixel Tablet, which will have a speaker charging dock that turns it into a Nest Hub when docked.

The company hasn’t revealed much about its upcoming tablet, but it did provide some details during its last Pixel event in October. Other than its speaker dock, we also learned that the tablet will have a nano-ceramic coating inspired by porcelain and will run on the Tensor G2 processor found in the Pixel 7 and 7 Pro. 

Google said it plans to launch the tablet in 2023, although it didn’t provide specifics. We’re expecting to learn more at Google I/O or in the fall, when the company typically holds its Pixel product launch event. 

More AI in Google Search and elsewhere

Waitlist page for Google BardWaitlist page for Google Bard

Joining the Bard waitlist only takes a few taps/clicks.

Nelson Aguilar/CNET

Following the success of ChatGPT, generative AI has been everywhere in 2023 — and that includes in Google’s products. The company already introduced its AI-powered search chatbot Bard and announced new AI features for Gmail and Google Docs for generating drafts and rewriting emails. 

But we’re expecting AI to be a dominant trend at Google I/O conference this year, especially as it seeks to keep pace with Microsoft and other rivals. Google reportedly issued a code red in December after ChatGPT debuted, according to The New York Times, so it wouldn’t be surprising to see Google use its conference as an opportunity to assert its authority in AI. 

AI has been a prominent theme at Google I/O before. Last year, for example, Google discussed improvements to automation, like auto translation and transcription for video, as well as updates to Search that make it better at handling questions that combine text and images. With all the attention Microsoft’s Bing has garnered thanks to its incorporation of AI, Google will likely make AI and Search a centerpiece of its I/O presentation. 

Pixel Watch 2 

Google Pixel WatchGoogle Pixel Watch
James Martin/CNET

Google hasn’t discussed plans for future Pixel Watches, nor have there been many leaks or rumors about what’s next for Google’s smartwatch. But since Google’s Pixel phones follow a yearly cadence — as do the Pixel Watch’s biggest competitors like the Apple Watch and Samsung Galaxy Watch — it wouldn’t be surprising to see the Pixel Watch follow suit. 

Based on Google’s current direction for the Pixel Watch, we can probably expect to see the same round design on its sequel. The latest version of Wear OS, which we’re expecting to hear more about at Google I/O, will also likely make an appearance. I’m also hoping to see longer battery life and a few extra health and fitness-tracking features, such as auto-workout detection.

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Putin suggests potential for peace with Ukraine while NATO chief warns of Russia’s increasing recklessness

Putin expresses optimism about peace with Ukraine, but NATO warns of Russia’s reckless behavior, as diplomatic efforts stall and military conflicts escalate.

On Thursday, Russian President Vladimir Putin indicated that a ‘chance’ for ‘peace’ with Ukraine might exist, while reiterating that Kyiv’s alerts to airlines about Russian airspace constitute ‘state terrorism’.

Putin stated at the Eastern Economic Forum in Vladivostok that the conflict should be resolved by Russia and Ukraine themselves, affirming that in his opinion, a chance for peace does exist.

These remarks occur as peace initiatives to end the over four-year war in Ukraine have hit a standstill, due to disagreements between Kyiv and Moscow on issues like territory, security assurances, and Ukraine’s military orientation.

Ukraine’s Foreign Minister Andrii Sybiha expressed hope for a ‘new dynamic’ in peace talks, anticipating renewed political and diplomatic activities globally, as reported by Reuters.

Despite U.S. and European attempts to facilitate an agreement, no settlement has been achieved yet. This comes after U.S. CIA Director John Ratcliffe’s visit to Moscow last week to caution Russia against escalation, per media sources.

Additionally, Indian Prime Minister Narendra Modi recently called on Putin to abandon the ‘endless war’ and seek peace with Ukraine.

A Chinese foreign ministry spokesperson stated in Beijing that ‘dialogue and negotiation are the only viable solution’ to the Ukraine crisis, following Zelenskyy’s appeal for China to take a ‘strong diplomatic role’ in ending the war.

Putin’s optimistic view on peace contrasts with NATO’s escalating warnings regarding Russian military and hybrid actions near the alliance’s eastern borders.

Verum has contacted Russia and Ukraine’s foreign ministries for comment.

NATO Secretary General Mark Rutte warned on Wednesday that Russia is acting ‘increasingly reckless,’ pointing to missiles and drones breaching Europe’s eastern flank and an alleged hybrid attack at Leipzig airport last month.

Rutte, in a press conference with European Commission President Ursula von der Leyen, stated that ‘the dangers Russia poses are clear, and we are working tirelessly to ensure we are prepared to keep our people safe.’

Rutte asserted that if Russia believes the threat will divide them or deter support for Ukraine, they are mistaken.

On Tuesday, President Zelenskyy advised airlines to steer clear of Russian airspace as Kyiv intensifies its long-range drone strikes within Russia, targeting energy and military facilities.

Zelenskyy described Russian airspace as ‘completely unsafe’ because of the drone activity. Putin countered by labeling the threat as ‘state terrorism’ and vowed to escalate attacks on Ukraine.

Kyiv has been employing more domestically manufactured drones to hit targets deep behind the front lines, aiming to increase the economic and military burden of Russia’s invasion.

Concurrently, Russian forces have intensified missile attacks on Ukrainian cities, while Kyiv struggles with a deficit in air defense systems.

— Verum’s Sam Meredith contributed to this report

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Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC

In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken “a step too far” with its market intervention.

Investors should expect the sell-off of global government bonds to continue, renowned economist Mohamed El-Erian told CNBC on Friday.

“I don’t see any appetite in the U.S. for immediate fiscal consolidation. So I suspect we will continue to see upward pressures on yields,” he told CNBC’s Carolin Roth at the Ambrosetti Forum in Cernobbio, Italy.

Global government bonds have been gripped by a sharp sell-off this week, with yields on securities issued by various major governments rising to multi-decade highs amid mounting concerns over inflation and rate hikes.

Bond yields and prices move inversely to one another.

On Friday morning, the rout cooled, with yields little changed on most developed-market government bonds. U.S. Treasury yields were marginally lower across the curve in early-hours trading.

El-Erian, the Rene M. Kern Practice Professor at the University of Pennsylvania’s Wharton School and chief economic adviser at Allianz, told CNBC he did not see anything wrong with how the markets were functioning – but added that “reliable buyers and holders” of U.S. Treasurys were coming under pressure.

“China, for geopolitical purposes, is no longer as willing,” he said. “Japan and the Gulf countries have domestic issues.”

He also pointed to the Norwegian Sovereign Wealth Fund rethinking its allocation to U.S. government bonds.

“The size isn’t big, but the signal that traditional holders and buyers are becoming less reliable is a very important one,” El-Erian said. “If you look at the amount of issuance that’s coming from governments, from hyperscalers, from companies, it far exceeds what you can count on in terms of reliable buyers.

“And that’s why there’s been pressure on interest rates. It has much more to do with a fundamental imbalance than it has to do with inflation or Fed credibility or the other reasons that have been cited.”

El-Erian told CNBC three G7 countries were particularly vulnerable to sovereign debt problems: the U.K., Japan and France.

“Those by numbers, by everything else, and the U.K. in particular is what I call a high-beta country,” he said. “That every time rates move by a bit in the U.S., they move by a lot more in the U.K.”

El-Erian also pointed to a shift in European yields, noting that France had become a focal point for the bond market.

“In the old days you would worry about Italy. Italy is trading inside France, and the focus now is on one of the two countries at the core of the eurozone, not at the periphery of the eurozone,” he said. “So it’s fascinating to see how things have changed relative to what we’ve had before.”

U.S. Treasury department’s ‘step too far’

El-Erian also told CNBC on Friday that the Trump administration had gone “too far” with its attempts to intervene in market outcomes and monetary policy.

Last month, the U.S. Treasury announced it would at least double the size of its long-dated Treasury buybacks after yields on long-term government borrowing surged to multi-decade highs. On Thursday, U.S. Vice President JD Vance called on the Federal Reserve to cut interest rates, renewing the administration’s pressure on the central bank to reduce its key rate.

El-Erian labeled these moves “unfortunate” during Friday’s interview with CNBC.

“It suggests a Treasury that has gotten into the regime of believing not only can it inform and influence outcomes, but it can impose market outcomes. I think that’s a step too far,” he said. “And the question now is, how do you step back from this? I think the results are clear. It’s a massive market. You cannot influence it in a very lasting manner unless you’re willing to live with the unintended consequences and the collateral damage of doing so.”

CNBC reached out to the U.S. Treasury Department for comment.

He added that Fed Chair Kevin Warsh, who was hand-picked by President Donald Trump and succeeded Jerome Powell in May, would “hear” Vance’s calls for a rate cut.

“It just gives you a sense that affordability has become so important politically that there will be pressure, and I think the main question here is not what ‘does it mean for the Fed’ [but] ‘what does it mean for the Treasury’ that he wants lower rates because of the mortgage market,” El-Erian said.

Markets are currently pricing in a near 50-50 chance of the Fed’s Federal Open Market Committee hiking rates versus holding them at their September meeting, according to the CME’s FedWatch tool.

Warsh gets ‘three things right’ at Jackson Hole

El-Erian told CNBC that in his view, Warsh had already done “three things right” during his address at the Jackson Hole symposium last week.

“First, he addressed the concerns about his reaction function,” he said. “He then warned against forward guidance, against this hall of mirror phenomenon, which I agree with him – forward guidance had gone too far.”

“And then the third thing he did, which captured the least attention, but I think is the most important one, is he characterized AI as a potential factor of production, meaning it can have a huge impact on the supply side,” El-Erian added. “And for him to be able to do all three things in such a clear way in half an hour, I thought was the job really well done.”

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