Nokia has reported staggering growth in its net sales within the Indian market, marking a remarkable year-over-year surge of 102 per cent. This surge, equivalent to an astonishing 121 per cent when measured in constant currency terms, has propelled Nokia’s net sales in India to an impressive Rs 567 million for the third quarter of […]
Alphabet Inc will manufacture its Pixel smartphones in India, the company announced on Thursday at the ‘Google for India 2023’, the ninth edition of its annual India-specific event. The devices, starting with Pixel 8, are expected to begin rolling out in markets from 2014, Rick Osterloh, senior vice president of devices and services, Google, said […]
The global smartphone market is expected to decline for the full year of 2023, plummeting to its lowest level in the past decade. According to the latest report, the primary reason behind this drastic downturn is a notable shift in device replacement patterns, especially within developed markets. The Counterpoint Research report revealed that the third […]
Prime Minister Narendra Modi virtually interacted with CEO of Google and Alphabet Sundar Pichai earlier on Monday. During the interaction, PM Modi and Pichai discussed Google’s plan to participate in expanding the electronics manufacturing ecosystem in India. Prime Minister appreciated Google’s partnership with HP to manufacture Chromebooks in India. Prime Minister acknowledged Google’s 100 languages […]
Apple’s latest flagship, the iPhone 15, is experiencing lackluster sales in China, raising concerns for the tech giant in one of the world’s most critical markets. Market analysis from Counterpoint Research has revealed a 4.5 per cent drop in sales compared to its predecessor, the iPhone 14, during the first 17 days after its release. […]
The arrest of Hari Om Rau, founder of homegrown device producer Lava International hit the spirits of the mobile manufacturing sector all-time low, ICEA said on Saturday. The Enforcement Directorate arrested Rai concerning an alleged money laundering case involving the Chinese smart devices maker Vivo. “We understand that the morale of the industry has hit […]
India is rolling back its earlier plan to impose restrictions on laptop imports, months after abruptly announcing such plans which came under criticism from industry and Washington. “India will not impose restrictions on laptop imports,” Trade Secretary Sunil Barthwal told a press conference on Friday. He said the government “only wants importers to be on […]
In the initial four months of the financial year, 2023-24 (April-July), India reported smartphone exports worth USD 4.67 billion, highlighting the United States emerging as the principal destination for India-manufactured devices, with exports skyrocketing to USD 1.67 billion during this period. According to the commerce ministry data, It is an increase from the USD 284.6 […]
The export of mobile phones from India almost increased by 100 per cent to around Rs 45,700 crore till August of the current financial year, as estimated by industry body ICEA. According to ICEA, the mobile phone export from India between April-August 2023 was around Rs 24,850 crore. Apple exported mobile phones worth more than […]
Adding a stride to ‘Make in India’ initiative, major electronic manufacture HP on Thursday announced a partnership with Google to manufacture its Chromebooks in India. The devices will be manufactured at the Flex Facility, which is located near Chennai, where HP has been producing a range of laptops and desktops since August 2020. The company […]
