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Elista Enters Fridge Market In India, Targets Rs 500 Cr Revenue By 2025

Elista, a producer of electronics, home appliances, IT and mobile accessories, has entered the refrigerator market with a range of single-door refrigerators, the company announced in a media release on Tuesday. The refrigerator business in India is rapidly expanding, with a compound annual growth rate (CAGR) of 10.2 per cent expected between 2023 and 2031. […]

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Walmart In Negotiations To Acquire Smart TV Maker Vizio For Over $2 Bn

Walmart is reportedly in discussions to acquire smart-TV manufacturer Vizio for over USD 2 billion, potentially securing more than a fifth of the U.S. television market and strengthening its advertising business. The proposed offer is almost 30 per cent higher than Vizio’s market cap of USD 1.54 billion on Monday. Walmart aims to leverage Vizio’s […]

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AI Drives Electronics, Smart Devices And Wearables To Charge 2024

The consumer electronics sector gears up for sustained growth in 2024, riding on the success of 2023 The year 2023 will be remembered for the strong growth and positive sentiments towards the consumer electronics industry, as various brands in the sector reported record-high sales throughout the year, especially during the festive season.  Whether during the […]

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