Xiaomi’s 2019 First Three Quarters Net Profit Has Exceeded Last Year’s Profit

The China-based company has announced its unaudited consolidated results for the third quarter of 2019 ended September 30 Xiaomi had strong Diwali sales and Singles Day Sales in...

Voltas Held 24.4 Per cent Market Share in AC Business During Last Quarter

The company also informed that its air conditioners (AC) revenue increased by 19 per cent Voltas has been on a brand shops opening spree in India lately Voltas' air...

Samsung Posts Financial Report for Q3 2019

The company is expecting softened demand for TVs and smartphones in Q4 2019 Samsung's digital appliances saw increased earnings in the third quarter from a year ago Samsung Electronics...

LG’s Third Quarter 2019 Financial Report Out

The company seems to have narrowed operating losses in its mobile vertical LG's home entertainment and home appliance business continue to register growth LG Electronics Inc. has announced third-quarter...

Consumer Business Except LED TV Performed Reasonably: Havells

Havells has announced financial results for second quarter and the half year ended 30 September 2019 Lloyd consumer electronics brand also operates under Havells' umbrella here Havells' electrical consumer...

Crompton Greaves Consumer Electricals Business Grew 11 Per cent in Q2FY20

The company had reported income of Rs 1,346.8 crores during last quarter Crompton Greaves' profit after tax (PAT) margin increased from 7.4 per cent in Q2 FY20 to...

Samsung Electronics Announces Earnings Guidance for 3Q 2019

The company had reported KRW 56.13 trillion in consolidated quarterly revenue during 2Q 2019 Samsung's operating profit in 2Q 2019 was KRW 6.6 trillion Samsung Electronics has reported consolidated...

LG Releases Preliminary Earnings Guidance For Third Quarter 2019

Company's operating profit increased 1.8 per cent and 4.3 per cent from the same quarter over the previous year These figures are the tentative consolidated earnings based on...

Sony India Revenues Down Fourth Consecutive Year

The company might further face revenue decline as brands like Oneplus enter premium TVs market here Sony's sales were highest at Rs 11,010 crore in 2014-15 in India Sony's...

Xiaomi Made Rs 95,700 Crores Revenue During January to June 2019

Xiaomi has been focusing on its smartphone + AIoT dual-engine strategy The company said that its IoT platform consists of 196 million connected devices Xiaomi Corporation, an internet company...

New Products

BUYERS’ GUIDE: Smartphones for a Premium Gaming Experience

Gone are the days when gaming could only be done on computers and laptops. Massive popularity and resurgence of smartphones have made gaming even...

Samsung All Set to Launch Galaxy M11 and M31 Next Year

Samsung Galaxy M20 and Galaxy M30 have reportedly received an Android 10 update in India The phones will be successors for the Galaxy...

Realme Buds Air To Support Wireless Charging

A previous listing by Flipkart showed that the earbuds will be priced at Rs 4,999 The Buds Air will be the first product...

People

Xiaomi Announces Changes in Global Executive Positions

The board of directors at Xiaomi have set up a CFO search committee to select a new CFO Two seniors have been promoted...

LG Electronics has a New Chief Strategy Officer

LG has also appointed new heads of heads of home entertainment and mobile communications teams The company has re-established the chief strategy office...

LG has Kicked Out its CEO and Top Executives: Report

The company had appointed Jo Seong-jin as its CEO in 2016 LG's smartphone business has not been doing good since last several quarters LG...

Rumors

Intex to Start Contract Manufacturing for Chinese Brands?

The smartphone market in India is currently led by brands headquartered in China Intex had a strong presence in this market a few...

Apple All Set to Launch its First AR Headset in 2022

Apple would be reaching out to developers to build software for the headset from 2021 Earlier this month, Apple partnered with a game...

Samsung Signs Exclusive Deal With Dowoo Insys

Dowoo Insys is reportedly considering a new production facility in Vietnam to complement its current South Korean plant Samsung Venture Investment Corporation (SVIC)...