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Top 25 Most Read Stories In The Retail Sector In 2023

A look into the headlines that caught the reader’s interest most in the year gone. India’s Ecommerce Logistics Market All Set To Witness Exponential Growth India’s logistics sector has emerged as a market differentiator, with an increasing emphasis on efficiency and visibility within the supply chain. Recently, India made significant progress on the World Bank’s […]

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Brands Companies Electronics News

Apple To Temporarily Sell Smartwatches After US ITC Lifts Import Ban

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 […]

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Companies Finance Manufacturing News

Foxconn To Invest $55.29 Mn In Bengaluru Unit

Taiwanese electronics manufacturer Foxconn has invested USD 55.29 million in Bengaluru-based Foxconn Precision Engineering, a fresh capital made through the company’s Singapore-based subsidiary Foxconn Singapore. Foxconn Singapore has acquired 46,08,76,736 shares in total at Rs 10 each. The company’s Bengaluru unit was incorporated six months ago to set up a Rs 8,800 crore supplementary plant […]

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Brands Companies Electronics News

Apple Leads Even As Global Smart Audio Market Q3 Shipments Drop 3%

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. […]

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Companies Electronics News

Apple Warns EU’s Charger Rule Will Hit India’s Local Production

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 […]

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Brands Companies News

Apple Hunts For New Suppliers In India, Japan, South Korea For Key iPhone Parts

Tech major Apple is reportedly on a hunt for new suppliers in India, Japan and South Korea to provide crucial components to its contract manufacturers in India, according to a latest report by the Economic Times. Apple’s search came against the backdrop of delayed approvals from the Indian government for imports from existing suppliers, primarily […]

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Companies Manufacturing News

Foxconn, Pegatron Halt iPhone Production In Tamil Nadu Due To Cyclonic Weather

Major Apple suppliers Foxconn and Pegatron have been compelled to suspend iPhone production at their factories near the capital of Tamil Nadu in the wake of torrential rains and an impending cyclone in the southern Indian city of Chennai. The heavy rains have claimed at least two lives and led to the submersion of the […]

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Electronics Manufacturing News

Japanese Electronics Manufacturer To Produce iPhone Battery Cells In India

Japanese electronics manufacturer TDX Corporation will manufacture battery cells for iPhones In India, according to a media report. As per the report, TDX will supply battery cells to Premium electronic manufacturer Apple. The company is likely to work with the Sunwoda Electronics which already has operational units in India. TDK has reportedly acquired Li-ion battery […]

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Electronics Fashion & Lifestyle International News

Global Smartwatches Shipment Up 9% In Q3

  The global smartwatch shipments increased 9 per cent in Q3 FY23 compared to same quarter last year, according to Counterpoint Research. The primary drivers of this growth were sustained strong performance of the Indian market led by Fire-Boltt as well as Huawei smartwatches. Amid a global economic slowdown, most consumer device like smartphones are […]

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Brands Companies Electronics News

Apple Reportedly Working On Affordable Vision Pro Headset

The US tech giant, Apple, is reportedly working on the second generation of the mixed reality Vision Pro Headset, as per the Digitimes Asia news website. The second-generation Apple Vision Pro is likely to be available in four different models, with one in the premium segment and the other three being affordable versions with minimal […]

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