Lenovo’s Device Group Business Grew 9.9 Per cent Last Year

The company said that this business vertical was driven by Lenovo’s smart IoT strategy. Lenovo's pre-tax income more than doubled (109 per cent) year-on-year to US$1,843 million for the...

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...

LG’s Q1 2019 Revenue Lesser Than its Q1 2018 Revenue

The LG home appliance and air solution company generated first-quarter revenues of USD 4.86 billion and operating profit of USD 647.3 million LG Electronics Inc. (LG) has announced consolidated sales...

Samsung Reports Losses in Display Panel and Smartphone Business

Samsung's mobile division, as per the company, will now focus of flagship devices such as the 5G smartphone. It's TV division is expecting strong sales from premium TVs Samsung Electronics...

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...

LG Mobile Communications Company Registers US$ 700.65 Million Loss

The brand claims that its home appliances and home entertainment business verticals registered highest annual profits in 2018 LG Electronics has announced year 2018 revenues of US$ 54.4 billion (KRW...

Fitbit Schedules FY18 Financial Results For Last Week of February

Fitbit said that its U.S. revenue during the third quarter of 2018 represented 58 per cent of revenue or $230 million, down six per cent year-over-year Fitbit, a wearables brand,...

Samsung Announces Financial Results For Quarter Four and FY 2018

Samsung's fourth quarter global revenue and profit figures were both down in comparison to the same quarter last year. For 2019, the company expects overall annual earnings to decline Samsung...

A. O. Smith’s Revenue and Earning Figures in 2018

A. O. Smith claims that water heater and water treatment product sales in India increased approximately $8 million, or over 30 per cent, in 2018 compared with 2017 Water technology company...

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...