Chinese electronics companies OnePlus and Realme have announced their decision to halt the production and sale of televisions in India, according to a report by a leading media house published on Monday. Citing undisclosed sources, the report states that both OnePlus and Realme will continue to operate in the smartphone market within the country. This […]
The first week of festive sales in India has seen iPhone sales surge past 1.5 million units. This marks over 25 per cent year-on-year (YoY) growth, as disclosed in a recent report. The data, released by Counterpoint Research, revealed a thriving smartphone market in India during the festive season. The surge in sales was primarily […]
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 […]
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 […]
Samsung Electronics has announced its decision to extend production cuts in response to a challenging global semiconductor market. The company expressed a cautious outlook for the industry, noting that the demand recovery is primarily confined to high-end chips utilised in artificial intelligence applications. The memory chip industry has been experiencing an unprecedented downturn, which had […]
