Apple is reportedly allowed to resume the import of its smartwatches by the US International Trade Commission (ITC), on Wednesday. The tech major was recently restricted from its flagship devices import after medical monitoring tech company Masimo allegedly accused Apple of incorporating its oximetry technology into the popular Apple Watch. Following this, the tech giant […]
Shares of state-owned defence and aerospace company Bharat Electronics hit an all-time high on Tuesday, after a series of orders the firm received over the past week. The shares closed 4.09 per cent higher at Rs 181.95 and traded at its all-time high of Rs 184.50. So far in 2023, it rose 82 per cent […]
Japanese electronics firm Toshiba has identified power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand. The optimistic vision was notified by the company’s Chief Executive Taro Shimada on Friday, as the company was taken private. Toshiba completed its USD 14 billion buyout by private equity firm Japan […]
Global audio pioneer Bose has joined the homegrown, bootstrapped wearables firm as a strategic investor. The investor purchased a minority investment in the company as part of a series-A financing, indicating the company’s intention to acquire more capital. Khatri said that with the investment in place, Bose and Noise would collaborate to develop in the […]
The global smart personal audio market experienced a 3 per cent year-on-year (YoY) decline, amounting to 110 million units. Developed regions grappled with challenges, while emerging regions showcased resilient growth, revealing a shifting landscape in the industry. True Wireless Stereo (TWS) devices took a commanding lead, constituting an impressive 73 per cent of total shipments. […]
Indian government on Tuesday told the World Trade Organization (WTO) that it has no plans to extend the ban beyond the mentioned products in the October notification pertaining to IT hardware products such as personal computers, Tablets and laptops. The government said that industry consultations were undertaken before issuing the notification on 3 August and […]
Akash Ambani led Reliance Jio collaborated with homegrown consumer tech company Boat. Together, both the players have launched the groundbreaking Boat Lunar Pro LTE smartwatch in India. As per the media reports, it provides a wide range of features but also offers a seamless connection with Reliance Jio’s eSIM network. The smartwatch boasts a built-in […]
HCLTech on Friday revealed the inauguration of its latest Global Delivery Center (GDC) in Iasi, Romania. The centre will offer cutting-edge solutions in digital, engineering, cloud and artificial intelligence (AI) domains, marking a significant step in HCLTech’s nearshore strategy to cater to its global clientele. Having marked its fifth year of operations in Romania, HCLTech […]
Domestic electronics manufacturing has witnessed a remarkable increase in the past decade, growing by over 400 per cent to reach a staggering Rs 8.22 lakh crore in FY 2022-23. As informed by Minister of State for Electronics and IT Rajeev Chandrasekhar in the Lok Sabha, India’s domestic mobile phone manufacturing has achieved a milestone, with […]
Tech major Apple has stated that if India is planning to follow the European Union (EU) rule that requires smartphones to have universal USB-C charging ports, then the country’s local production will be impacted adversely, as per a Reuters recent report. The EU rule mandates all smartphones to have universal charging ports in India by […]
