Domestic Manufacturing Of Handsets Helps India Save Rs 3 Lakh Crore
Indigenous manufacturing and assembly of handsets will further reduce imports down to five per cent. Driven by the government's 'Make in India' initiative, the mobile handset manufacturing eco-system in India has...
Panasonic India Aims Rs 12,300 Crore Revenue This FY
Panasonic is aiming for revenues of Rs 12,300 crore in India this fiscal, driven by its refrigerator and TV businesses. In a recent report PTI has stated that Panasonic's revenue in...
Xiaomi Revenue Surges 68.3% In Q2 Due To Strong Smartphone Sales
Xiaomi’s Q2 revenue surged 68.3 percent to RMB 45.3 billion from RMB 26.88 billion, lead by smartphone sales. Xiaomi reported a near 152 per cent on-year jump in revenue from...
LG Sees its Net Profit Drop by 43 Per Cent in Q2 due to...
Poor mobile sales contributed to LG making 283 billion Korean Won in April to June versus 498 billion Korean Won in the same quarter of last fiscal year South-Korean electronics...
Apple Reports Increase of Third Quarter Revenue by 40 Per Cent
Apple shipped 41.3 million units of iPhones with the release of iPhone X and iPhone 8 series contributing to the sales and increase of Average Selling Price Apple announced its...
Slow Sales of Galaxy S9 Hits Samsung’s Q2 Report
Samsung sees 40 per cent of its revenue from mobile business & poor Galaxy S9 sales brought 2.7 trillion Korean Won in this quarter, a loss of 34 per...
TCL Announces Rs 2,000 Crores Investment Plan in Andhra Plant
Consumer electronics brand, TCL will be making TVs and panels in Tirupati and later has plans to start making ACs, washing machines, etc.
TCL has announced that it will invest...
TCL Electronics TV Sets Sales Exceeds 21.12 Million
In the first nine months of this year, the sales volumes of the company’s smart TVs jumped by 49.1% year-on-year to 15,209,174 sets
TCL Electronics Holdings Limited, a leading manufacturer...
Bosch Home Appliances to Invest 100 mn Euros For India Expansion
The amount is allocated to be spent over a span of 3 to 4 years. It will also be used towards creating personalised solutions and strengthening company's technology centre Bosch...
Despite 20 Per cent Rise in Sales, Oppo and Vivo Post 1,225 Crore Loss
Vivo holds a Rs 2,199 crore five year contract for IPL. Oppo, on the other hand paid Rs 1,079 crore for team India's cricket jersey rights contract for same...