India’s smartphone exports to the US surged to $3.53 billion in the April-December period of the current fiscal year, a significant increase from $998 million during the same period last year, as per data from the commerce ministry. This boost in outbound shipments has propelled India’s smartphone market share to 7.76 per cent in April-December […]
Google has told suppliers to start making its Pixel smartphones in India by the next quarter at the earliest, as part of the search engine giant’s aim to further diversify its supply chain away from China and capture the booming Indian smartphone market, Nikkei Asia has reported. As per the news report published on Thursday, […]
China’s Xiaomi said that smartphone component suppliers are hesitant about setting up operations in India due to the government’s severe surveillance of Chinese companies, the company said in a letter, according to Reuters. Xiaomi, which has the largest share of India’s smartphone market (18%), also requests in the letter dated Feb. 6 that India consider […]
In a significant development, the Competition Commission of India (CCI) has granted approval for the complete acquisition of Wistron Infocomm Manufacturing (India) by Tata Electronics. The proposed deal involves the acquisition of the entire equity share capital of Wistron Infocomm Manufacturing (India) from SMS Infocomm (Singapore) and Wistron Hong Kong by Tata Electronics, a greenfield […]
Xiaomi supplier Dixon Technologies India is reportedly in talks to set up a massive new factory on the outskirts of New Delhi, according to a media report. The new factory would be spread over more than 3,00,000 square feet and will largely produce Xiaomi smartphones, the report mentioned. The plant is set to be inaugurated […]
