Dyson to invest Rs 1,300 crore in India
British tech firm Dyson will pump GBP 150 million (about Rs 1,300 crore) into its Indian operations over the next five years as it looks to make inroads into the burgeoning consumer...
Won’t mope if Foxconn goes back, says state minister
Maharashtra Industries Minister Subhash Desai today hinted that Taiwanese contract manufacturer Foxconn may go back on its committed USD 5- billion investment in the state.
According to PTI, when asked about the...
Xiaomi won’t ease phone rates, launches Mi TV
India’s leading smartphone maker Xiaomi will not increase the prices of its existing mobile phone models despite wafer-thin margins, benefiting local consumers who would otherwise have had to pay...
Surya Roshni to de-merge its lighting and consumer durables business
Surya Roshni has indicated that it plans to separate its two business verticals - Lighting and Consumer Durables and Steel Pipes & Strips, in a recent BSE filing. As the...
Record 87.9 million mobile phones shipped to India in Q4 2017: Report
Indian market witnessed a record mobile phone shipment of 87.9 million units in October- December 2017, says a CyberMedia Research (CMR) report.
"Mobile handset vendors shipped 88 million mobile handset...
Liebherr invests Rs 500 cr to introduce new line of refrigerators in India
German company Liebherr group, which is a premium manufacturer of refrigeration and cooling appliances for both domestic and commercial sectors has invested Rs 500 crore to set up manufacturing...
TV makers may review plans to Make in India
Consumer electronics makers Samsung, LG, Sony and Panasonic are reviewing their 'Make in India' strategy for televisions — which may lead to scaling down of local assembling operations —...
Flipkart aims at 5,000cr TV sales by end-2018
Flipkart is putting its weight behind the appliances segment this year, aiming to replicate its smartphones business strategy.
It is investing heavily in building new warehouses to strengthen delivery infrastructure...
Apple to ditch Qualcomm and use Intel baseband chips for its devices
As legal action between Apple and Qualcomm intensifies with billions of dollars at stake, a report on Monday claimed that the iPhone maker will use Intel baseband chips for...
Customs duty hike might fall short to reform mobile manufacturing in India
The Budget presented by finance minister Arun Jaitley gave a push to 'Make In India' by raising the customs duty on mobile phones and some components that are used...
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...
