Apple Posts Revenue Figures and First Quarter Financial Results

Apple's revenue from iPhone declined 15 per cent from the prior year, while total revenue from all other products and services grew 19 per cent. Apple has announced financial results...

LG India’s Net Profit Figures up by 14 Per cent in FY18

LG has held on to its title of the second most profitable consumer electronics brand after Samsung. It leads the washing machines, microwave ovens and direct cool refrigerators markets...

Samsung Most Profitable Consumer Electronics Brand in India

Samsung's mobile phone and tablets business was the highest revenue generating segment for the brand in FY 2018 and FY 2017 Samsung's regulatory filings with the Registrar of Companies (ROC)...

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...

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...

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...

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...

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...

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...

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...

New Products

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...

OPPO Reno7 Pro With Debuts Customized 5G Flagship MediaTek Density 1200 MAX

OPPO has launched the Reno7 series. For its flagship Reno7Pro, OPPO has collaborated with MediaTek to customize its Dimensity 1200 chipset. The upgraded SoC born...

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...