Tata Group’s Tata Electronics is likely to expand its existing iPhone-casing unit in Hosur to up to twice its current size and capacity, according to a media report on Monday. The company’s aim is to enlarge its contract manufacturing of high-end electronic items and accessories, the report added. Currently, the Hosur unit, spread across 500 […]
Minister of Electronics and Information Technology, Ashwini Vaishnaw, took to social media platform X to announce achievement in the mobile industry. In a post, he revealed that the Indian mobile industry has experienced exponential growth, expanding by a remarkable factor of 20 in just nine years. Minister Vaishnaw posted on X, “Met Mobile industry to […]
Realme, the Chinese smartphone manufacturer, said it has shipped over 200 million phones since its inception just over five years ago. According to the company’s data, most of these shipments were out of China, indicating that Realme is the fifth fastest smartphone maker to reach this significant milestone. BBK Electronics, the Chinese consumer who owns […]
Tech major Lenovo on Friday said that it is launching Preferential Market Access (PMA) compliant PCs with its ‘made in India’ motherboard, underscoring its commitment to strengthen and expand its manufacturing footprint in the country. The company said the move has qualified it for the Class 1 PMA bracket with over 50 per cent of […]
India’s smartwatch shipments experienced a 21 per cent year-on-year (YoY) growth in the third quarter of 2023 (Q3 2023), reaching a historic high for domestic manufacturing at 82 per cent, compared to a 4 per cent a year ago, according to a Counterpoint Research report. The surge in shipments was primarily fueled by a substantial […]
Daikin Air-conditioning India, a wholly owned subsidiary of Daikin Industries Japan, on Thursday, announced the commercialisation of its integrated air-conditioning & compressor manufacturing facility at Sri City, Andhra Pradesh. The new plant is spread across 75.5 acres, which aims to cater to the increasing demand for state-of-the-art air conditioning products manufactured in India, both domestically […]
Black Friday sales are no longer limited to the West as it is picking up the pace among Indian shoppers as well. The excitement is evident in the growing number of individuals eagerly anticipating substantial discounts. Across the country, retailers have witnessed a substantial increase in online purchasing during the last Black Friday. Shoppers want […]
As the year ends, industry analysts and retailers predict a lower shipment for Apple devices like Macs, iPads, AirPods and smartwatches in India even after the tech giant’s iPhone demand continues to surge, according to a media report on Thursday. The report underlined that Mac shipments will likely fall between 15 per cent and 18 […]
Smartphone maker Xiaomi Corp posted a forecast-beating jump in third-quarter net income on Monday, while revenue also topped estimates as flat device shipments outperformed the wider market. The company’s sales for the period totalled 70.9 billion yuan, beating an average estimate of 70.2 billion yuan from 13 analysts polled by LSEG. Net income jumped by […]
Mukesh Ambani-owned Reliance Jio is reportedly in talks with major manufacturers like HP, Acer and Lenovo for a cloud laptop rollout soon. The telecom player’s aim is to disrupt the Indian PC market. According to a media report, Reliance Jio will be introducing a laptop, that will cost around Rs 15,000 and will function as […]
