Xiaomi, Haier, others get vocal on Customs duty hike in Budget 2018

More companies such as Xiaomi, Haier, Godrej, and Blue Star have joined LG Electronics India in indicating that the recent Customs duty hike in the Budget, the second such in two months, will impact demand. The...

Apple India revenues grew by double digits

Apple's India revenues grew by strong double digits in the March quarter (Q2-FY17), chief executive Tim Cook said during the company's earnings conference call yesterday. Apple had posted sales of...

Haier, Blackstone, Goldman Sachs Plan to Buy Videocon Electronics

Consumer electronics major, Videocon, has gone bankrupt after failing to repay its lenders and now various companies have been eyeing to take over the business Videocon’s electronics business is set...

Panasonic Plans to Revamp its Smartphones market in India

Consumer durables major Panasonic eyes a 5 per cent market share this FY by launching mid-premium phones ranging from Rs 20,000-30,000 Japan-based appliances brand, Panasonic is planning to launch an...

Panasonic Announced a Covid-19 Insurance for Channel Partners

Panasonic India is planning a cover for trade partners of INR 1,00,000 The camera division of the company is planning a Covid-19 medical insurance The company thanked all...

LG Electronics India expects 20 percent rise in sales this year

LG Electronics India is expecting a 20 percent growth in sales in the current year, which will be higher than industry growth of consumer durables. Unveiling the products for the...

Finance Ministry Relaxes Norms For Import Of Exported Electronic Goods For Repairs

The government has relaxed the norms for exported electronic goods, like mobile phone, colour TV, certain medical devices, which need to be imported back for repairs.  In a recent report...

Make Way for New Telco Giant Vodafone Idea as DoT Approves Merger

Vodafone Idea will be the largest telecom company in India with over 430 million subscribers and will remove Airtel from the top position Vodafone India and Idea Cellular have got...

In pre-GST sale, big discounts announced on televisions, laptops, ACs

Retail stores and e-commerce websites have announced big discounts on electronics, home appliances, and more ahead of the implementation of Goods and Services Tax or GST from July 1. Though...

Xiaomi, Jio Phone top smartphone, feature phone markets in India: Counterpoint

China's Xiaomi continued to lead the Indian smartphone market with 31.1 per cent market share while Reliance Jio topped the feature phone market with a massive 35.8 per cent share...

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...