Exits in smartphone market up six-fold on rising competition, says report

The shakeout in India’s smartphone market mirroring the telecom industry saw number of new entrants nearly halved between 2015 and 2017 while exits grew six-fold as the capital intensive...

What’s making new ACE players optimistic about the industry?

Recognising the high potential of the Indian appliances and consumer electronics (ACE) sector, many new firms are trying to make an impact in this market. This article analyses what’s...

Flipkart Launches Online Platform to Sell Refurbished Products

2GUD, new e-commerce portal sells only returned or used products which are reconditioned by professionals E-commerce platform Flipkart has launched a new platform named 2Gud for selling certified refurbished products....

Online Sales of Smartphone Grow 100% in Festive Season: GoPaisa

Several first-time buyers of smartphone have entered the market, thereby substantially increasing the customer base The sales of smartphones through online channels in India is on the rise. The online...

Amazon to Remove Third Party Merchant Apple Products From its Site

Amazon has signed a deal with Apple to sell its products. However, it will not be selling Apple Homepod, that basically is a high-end alternative to Amazon Echo Device Amazon,...

China Based TPV to Sell Philips TVs in India

India based Dixon Technologies will be responsible for assembling Philips TVs in India Philips TVs are all set to make a comeback in the Indian appliances and consumer electronics industry....

Realme Partners with Reliance Digital, My Jio for Offline Sales

Through this partnership, Realme wants to cater to the consumers who have limited access to the online platform Chinese smartphone manufacturer, Realme, has entered into a collaboration with India’s fastest...

Xiaomi Opens Record 500 Mi Retail Stores in Rural India

The China based brand is also inviting applications from people interested in opening Mi store franchises in India China based Electronics brand Xiaomi has announced the opening of 500 retail...

Apple-Amazon Collaboration to Boost Phone Business

Apple-Amazon partnership is expected to boost iPhone's dropping sales and Amazon's business in the sales and analytics front According to Counterpoint Research, Apple has signed an agreement with the e-commerce...

Croma Files Net Profit Figures for the First Time in 12 years

Croma is one of the few retail chains in India to have presence in both online and offline sales channels. Apart from 121 stores, it also sales appliances and...

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...