LG Posts Highest Growth Figures For Home Appliances Business

LG Home Appliance and Air Solution Company reported record sales of USD 5.23 billion in Q2 2019 The company seems to be continuing its struggle in the smartphone...

Crompton Greaves Financial Results for Quarter Ended June 2019

Crompton Greaves electrical consumer durables (ECD) segment grew by 16 per cent Company's profit after tax margin increased from 8.7 per cent in Q1 FY19 to 9.1 per...

Huawei Posts ‘Bullish Growth in the Face of Adversity’ Report

Company's rotating chairman said that the easiest way to bring down a fortress is to attack it from within. He was probably referring to rising tensions between Huawei and...

Samsung Outperforms First Quarter Estimates Despite Slowdown In Mobile and Consumer Electronics Businesses

The company has benefitted from the demand for chips by data centres and laptop makers Samsung said that it expects to report first-quarter sales of approximately 55 trillion...

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...

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...

Rs 73,085.9 Crore: Samsung Electronics’ Revenue in India During FY19

Samsung, this year, had introduced a new strategy of launching online specific smartphones here Despite the increase in revenue figures, Samsung's net profit declined 58 per cent Samsung Electronics...

Consumer Durables Segment Grew Well During Q3 2019-20: V-Guard

V-Guard has posted a 30 per cent increase in profit-after-tax (consolidated) for Q3 2019-20 The company stated that low volatility in commodity prices, combined with cost effectiveness measures...

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...

Apple and Samsung Were Top Semiconductor Chip Buyers in 2018

Semiconductor chips are used in most consumer electronics, home appliances and smartphones. Xiaomi spent $2.7 billion on these chips in 2018 Apple and Samsung accounted for buying 17.9 percent of...

New Products

AXL-World launches – X-Fit M57 Full Touch Smart Watch

The latest addition to the existing portfolio is the X-Fit M57 full-touch smartwatch. Have you ever wondered? When will there be a smartwatch with...

LG Electronics Expects 30 Percent Growth In Home Appliance Business In 2022

Compressor-based products contribute around 65 per cent of the revenue of the home appliances business of the company Consumer electronics company LG Electronics India said...

OnePlus To Expand Smart TV Lineup In India

Chinese tech giant OnePlus has announced it would expand its smart TV portfolio in India with the launch of two smart TVs, the OnePlus...

People

Satish N.S Appointed As Haier India President After Eric Braganza Retires

Satish N.S. is set to lead consumer electronics company Haier India as President of the company following the retirement of current President Eric Braganza. Braganza's...

Manish Sharma to be Appointed Chairman of Panasonic India

Manish Sharma is currently associated with Panasonic India as president and CEO Manish Sharma, president, Panasonic India Pvt Ltd will take on the role of...

PTron Launched Bassbuds’s Ad Campaign Featuring Aparshakti Khurana

PTron’s Bassbuds is the country’s largest selling Indian TWS: Counterpoint The ad campaign is launched on Youtube & Social Media The brand seems...

Rumors

Boat Heading Towards its Initial IPO Offering

Boat, in its latest funding round, had raised $6.7 million from Qualcomm's VC arm known as Qualcomm Ventures Home grown consumer electronics startup is planning...

Apple Won’t Launch AirPods Studio with iPhone 12 at Launch Event: Report

The sport version of AirPods Studio is expected to be INR 25,463 and the luxury version will cost around INR 43,703 According to...

LG Display To Supply 20 Million OLED Panels For The Upcoming 6.1-inch iPhone 12

BOE Technologies have also improved its OLED technology part by recruiting some former Samsung engineers, which are also being assessed by Apple Apple...