LG Electronics Announces its Highest Quarterly Revenues Ever

Results for the LG Mobile Communications Company, which officially winds down at the end of July, are no longer included in quarterly earnings reports LG Electronics Inc. (LG) has announced...

Whirlpool India Posts Rise in Profit Before Tax in Q1 2019-2020

Whirlpool Corporation approximately earns $21 billion in annual sales These figures indicate 17.6 percent increase against the same period last year Whirlpool of India, a subsidiary of home appliance...

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...

Samsung’s Profit Dips by Almost Half in Q2 2019

The company said it sold 8.3 million smartphones and four million tablets during the second quarter Samsung's profits from TVs fell YoY due to intensifying competition Samsung made a...

Crompton’s Electrical Consumer Durables Segment Grew 10 Per cent

Company shared that its total income for the year was Rs 4,478.9 Croress. These figures represent a growth of about 11.1 per cent (GST adjusted) "The Board of directors, at...

Consumer Electronics Brand Play Aims Rs 100 Crore Revenue By 2022-23

Jain said the transaction will allow Play to run dual brands and have separate portfolios with different brand positioning Micromax co-founder Vikas Jain's tech brand Play is looking at entering...

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...

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...

ZinQ Technologies Set To Clock Over Rs 75 Cr In Revenue This Fiscal Year

Homegrown lifestyle and accessories startup ZinQ Technologies announced that it aims to clock INR 75 Crore in revenue this fiscal, i.e., FY 21-22. Having marked a significant growth of...

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...

New Products

Maxima Watches Launches New Smartwatch Max Pro X5 On Amazon

Maxima Watches has announced the launch of its brand-new smartwatch Max Pro X5 on Amazon.  Featuring a superior design, this offering from Maxima Watches, now...

Goldmedal Electricals Announces The Launch Of Energy-Saving Groove LED lights

Goldmedal Electricals has announced the launch of the Groove LED surface light as part of its lighting segment for the on-going festive season. This latest addition...

U&i Launches ‘Shuffle 4’ – Smart Neckband With 15-hour Battery Life

U&i Prime, a sub-brand of the parent company U&i has launched Shuffle 4 - the next generation Smart Neckband in three attractive colors Black,...

People

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...

Pallav Chaudhary Joins Havells as Large Format Retail Unit Head

Pallav Chaudhary has an experience of more than 10 years He has worked with the likes of Samsung, LG and Videocon Large format...

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...