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
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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.
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.
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.
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
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.
Realme to drive competition in premium segment; bullish on offline expansion
“We wanted to change the definition of the premium segment. It is not about pricing but giving experience. We are offering all features from the latest chipset to the fastest charging. we will keep on expanding the portfolio. It is just an entry and we have many more devices to come,” Madhav Sheth, India CEO.
Realme plans offline-centric smartphone series, to expand retail presence
ealme occupied the fourth spot in the Indian smartphone market with 14.3 per cent share, after Xiaomi (27.1 per cent), Samsung (18.9 per cent) and Vivo (15.2 per cent). Oppo ranked fifth with 11.8 per cent share in the July-September 2019 quarter, as per IDC data. Interestingly, Realme is part of BBK Group, which also owns brands like OPPO, Vivo and OnePlus.
BBK Electronics revenue shows demand intact for Chinese handsets
BBK's two leading brands - Oppo and Vivo have doubled their combined India revenue between April and September this year to Rs 34,500 crore, according to their latest regulatory filings.
Xiaomi reports record sales in offline trade
The company’s overall offline business grew by 70 per cent during this year festive season as compared to same period last year. The smartphone business in brick-and-mortar stores grew by 70 per cent year-on-year and over 50 per cent month-on-month, while the offline TV business grew by over 400 per cent year-on-year.
Chinese cousins help reduce 71% of Moto sales
“Motorola lost in the sales channel strategy,” said Counterpoint Technology Market Research associate director Tarun Pathak. “Realme gave a strong competition in the online segment, especially in sub $200 (Rs 14,000) segment where Motorola had its strength. Apart from this, their organisation restructuring also had an impact,” he said.
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