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...

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...

Apple Reports Record June Quarter Results in its History

Apple's international sales accounted for 59 percent of the quarter’s revenue Company's board of directors has declared a cash dividend of $0.77 per share of the Apple’s common...

Voltas Has 24.1 Per cent Share in the Room Air Conditioners Market

The company has released financial data for the quarter ended 30 June 2019 Company said its turnover grew by 24 per cent and profit before exceptional items and...

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...

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 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...

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...