Electronics

Vedanta’s $10 billion LCD project may fall flat

The project would've filled a major gap in India's manufacturing of flat panel television sets.

Tokyo's Fuji Electric acquires UPS maker Consul Neowatt

Fuji Electric is in the final stages of discussions to acquire Consul Neowatt Power Solutions, a Chennai based power backup manufacturer, in a deal worth $100 million (Rs 700 crore).

Consumer appliance makers seek lower GST on large-screen TVs, air-conditioners, refrigerators

The consumer durables industry is of the view that these items are now household necessities and do not come under the luxury goods category anymore.

A midsummer delight for cooling appliances and beverages companies

Nation-wide heatwave and delayed monsoons hand in the best business in three years for cooling appliances and beverages companies

We do not want to be elitist in India: Dr Andreas Sennheiser, CEO, Sennheiser Electronic

A big advantage is that because of our independence, we are 100 per cent self-financed and that means we can really focus on what customers need, said Dr Andreas Sennheiser.

Focused on profits, Sony to stay away from pricing war

Sony is the first large brand to acknowledge loss in sales due to Chinese brands in electronics.

GST confusion forcing companies to charge more on annual maintenance bills

In view of divergent rulings by AARs (Authority for Advance Rulings), some companies are charging higher rate (28%) even on annual maintenance services (18%) provided along with these products.

Samsung rapped for not passing GST benefits to consumers

The anti-profiteering body, which functions under the GST Council, has also sought documents of sales made by the company.

Samsung confident of $4-billion sales target on strong A series show

Sells 2 million units of A series smartphones within 40 days of March 1 launch.

Anchor by Panasonic plans 3 buyouts, unit in Andhra Pradesh

For the fiscal year 2018, the company clocked in revenues of Rs 3,410 crore with a net profit of Rs 614 crore.

Flipkart is ready with the tech stack to start lending

Flipkart, whose plans to enter into digital financial services had been in a limbo for some time, had worked with smaller fintech partners.

SHARP launches Innovative Air Purifier cum Humidifier ‘KC-G40M’ in India

The state-of-the-art Air Purifier & Humidifier combo manages humidity, reduces allergic symptoms and saves on electricity at the same time

Delayed summer keeps appliance companies like LG, Samsung in cold

Godrej Appliances business head Kamal Nandi said there is price aggression among brands because of depressed demand.

Here’s How This New Range of Air Conditioning Solutions by Mitsubishi Electric is Redefining Comfort and Efficiency

LG to drive 5 star AC sales; targeting 40% growth in 2019

This strategy is also going to boost the company’s value share in the Indian market where it wants to attain value leadership this year.

Apple will hang up on older models, small stores to retain premium edge

Apple is set to stop selling iPhone 6 and 6 Plus here. Also, entry prices are set to jump by a few thousands.