The India traditional PC (Personal Computer) market, which includes desktops, notebooks and workstations, reached 4.5 million units in third quarter of FY23, up 14 per cent year-over-year (YoY) according to a new report. During the quarter, the notebook category grew by 13.1 percent YoY, while the desktop category grew by 19.3 per cent and the […]
One of Apple’s major Chinese component manufacturers, Luxshare, has reportedly opted to invest in Vietnam instead of India, citing political tensions between the two nations. According to media reports, Luxshare’s decision to invest USD 330 million in Vietnam’s northern province of Bac Giang comes after several unsuccessful attempts to expand its operations in India over […]
Lenovo Group reported a significant setback in its financial performance for the third quarter ending September, with a 16 per cent fall in revenue totaling USD 14.41 billion compared to the same period last year. This is the fifth consecutive quarter of declining sales for the company, as it grapples with the lingering effects of […]
HCL Technologies (HCLTech) has appointed Sonia Eland as the executive vice president and country manager for its Australia and New Zealand operations, effective from 1 April 2024. Eland will succeed Michael Horton, who, after nearly 10 years, transitions to a consulting role. During his tenure, Horton played a crucial role in establishing HCLTech as a […]
In the third quarter of 2023, Samsung, the South Korea-based tech giant, has secured over 80 per cent of the smartphone market share in its home country, as reported by Counterpoint data and noted by Yonhap news agency. Despite a decline in demand for high-end smartphones and other gadgets, Samsung achieved this dominance, selling approximately […]
Daikin Air-conditioning India has revealed its plans to initiate operations at its third manufacturing facility in India by the end of 2023, according to a media release issued on Monday. The upcoming 75-acre factory, located in Sri City, Andhra Pradesh, is strategically positioned to meet the rising demand for domestically and internationally manufactured air conditioning […]
Tech major Google is set to introduce an upcoming design to encompass “a fresh look and new features,” a plan the company revealed when it celebrated its 15th anniversary recently. In the redesign, Chrome is set to embrace the Material You theme, originally introduced by Google in Android. Google said it has incorporated more rounded […]
Global electronic manufacturer China experienced a 6.3 per cent lower smartphone shipments in quarter 3 of 2023 compared to the same period of last year. According to the IDC Worldwide Quarterly Mobile Phone Tracker, 67.1 million smartphones shipped in China in 3Q23. The drop in shipments is attributed to economic uncertainty and increased price sensitivity […]
A report on Tuesday revealed that India’s smartphone market remained flat YoY shipping 44 million units in Q3 2023. The report by International Data Corporation (IDC) titled ‘Worldwide Quarterly Mobile Phone Tracker’ said that the months of July and August registered a single-digit growth as the channels started early festive stocking. Still, September had its […]
Lava, the homegrown mobile phone brand, has named Sunil Raina as the interim managing director, effective immediately, following board approval. This decision follows the arrest of co-founder and managing director Hari Om Rai in a money laundering case investigated by the enforcement directorate. Upon this promotion, Raina is set to become a full-time director pending […]
