OPPO to spend $7 bn on R&D in three years
Owned by BBK Group (which also owns Vivo, Realme and OnePlus), Oppo is the fourth largest player globally with a share of 9% as per Counterpoint Research. The group is close to becoming the largest smartphone manufacturer group globally, accounting for over 20% of the global smartphone market and three of its brands in the top 10, said a report.
Oppo gives sneak peek into future of 'intelligent connectivity', plans USD 7 bn R&D push
The company has also announced its plans to invest about USD 7 billion over the next three years on its research and development initiatives that include building core technologies in hardware and software as well as frontier innovations such as 5G/6G, big data, cloud computing and augmented reality (AR).
Battered by competition, Intex plans to make products for Chinese firms
It has found an innovative plan to deal with the scourge that all but wiped off India's mobile industry.
Vivo U20 review: Quick app navigation, decent camera performance make it a good buy at Rs 10,990
The new offering is powered by the Qualcomm Snapdragon 675 processor and has a long-lasting battery.
Samsung may challenge Apple's legacy in 2020, aims at launching Galaxy S11 with 108-megapixel camera
The marquee device will also adopt a time-of-flight sensor for depth detection.
Oppo takes startup route to build local services; says filed 5G patents from India
The handset maker had recently inked agreements with Telangana and Kerala state governments to develop and support start-ups and entrepreneurs working in areas specific to image processing, battery, 5G networks, payments, Artificial Intelligence, and gaming.
Premium phone cos seek Rs 4,000 cap on customs duty
The basic custom duty of 20% is instead causing an annual loss of Rs 2,500 crore to the exchequer due to rampant smuggling of these devices that is also destabilising the business of Indian retailers who stock these phones, an association of manufacturers said in a letter to the Department for Promotion of Industry and Internal Trade.
Xiaomi touches $5-billion revenue milestone in India in 2018-19
As per Xiaomi Technology India’s latest regulatory filings with the Registrar of Companies (RoC), the company’s total revenue in 2018-19 grew by 54% to Rs 35,426.92 crore as compared to Rs 23,061.11 crore it had clocked in FY18.
Samsung India revenue crosses $10-billion in 2018-19
As per latest regulatory filings made to RoC, the South Korean technology giant’s India revenue grew by 19.7% in FY19 at Rs 73,085.9 crore as compared to Rs 61,065.6 crore it had clocked in FY18. In the flagship mobile phone business, Samsung India revenue increased by 15.4% at Rs 43,087.9 crore in FY19 as compared to Rs 37,349.7 crore in FY18.
Chinese, Korean brands kings of Indian electronics market
Industry executives said these companies such as Samsung, Xiaomi, Oppo, Vivo, Realme, Motorola and Haier now control the largest chunk of the Indian market in certain categories such as smartphones, televisions and home appliances.
OnePlus begins pilot exports of 5G phones from India
The Chinese smartphone maker is testing 5G capabilities at its R&D centre in Hyderabad.
Foxconn reopens Indian manufacturing unit as Asian smartphone demand grows
The contract manufacturer is expanding into Tamil Nadu even as it runs operations in Andhra Pradesh; 20,000 jobs likely to be created
ICC announces extension of its partnership with OPPO till September 2023
ICC announced the extension of its partnership with smartphone makers OPPO for another four years till Sep 2023. OPPO will continue to remain the official mobile handset and headset partner of ICC and all associated ICC events including the ICC U-19 World Cup 2020 in South Africa and both men's and women's T20 World Cups in Australia next year.
Apple supplier Salcomp buys Nokia’s Chennai factory, once a Make in India poster child
The factory is expected to generate employment for close to 10,000 people, besides a $2-bn export boost.
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