Phone imports surge in Sept as local output fails to meet demand
Smartphone imports surged by about a fifth in September, indicating that local output is yet to catch up with peak festive season demand, even as Indian retailers replenished store shelves in anticipation of blockbuster sales through the Navratras and Diwali.
Apple is planning to increase orders of chips for the LiDAR scanners owing to high demand for its iPhone 12 Pro. Vertical-cavity surface-emitting (VCSEL) chips enable power scaling for LiDAR and other sensing applications.
OnePlus investing Rs 100 crore to build offline network in India; launches 8T smartphone
China's OnePlus currently has 5000 points of sales, including larger modern trade retail shops through 14-15 partners like Reliance Digital, Vijay Sales, Sangeetha Mobile among others. In terms of general trade, it is present across 3000 shops in over 800 cities.
Apple to clock high yearly growth in smartphone shipments in 2020
Apple is set to clock a 16-22% on-year growth in smartphone shipments in India in 2020, sharply higher than a 4% rise in 2019 and a 44% fall in 2018, driven largely by the older generation of its iPhones like XR and 11 and the latest iPhone 12 mini, say analysts.
Premium smartphone battle to get aggressive in India with Apple’s iPhone 12 series launch: Analysts
Established brands like Samsung and OnePlus will be more aggressive in their approach leading to a fierce battle with Apple.
Apple unveils iPhone 12 with 5G, HomePod Mini smart speaker
The annual launch event is nearly one month later than normal and comes as the coronavirus pandemic has disrupted Apple's well-oiled machine for designing and churning out its biggest-selling product.
Local handset makers eye Rs 2,000-cr upgrade to manufacturing chops
Earlier this week, the government approved the applications of 10 mobile phone manufacturing companies, including foreign ones, for incentives under the PLI scheme, which will disburse ₹40,000 crore in five years. The scheme offers an incentive of 4% to 6% on incremental sale of handsets over a base year – financial year 2019-20.
Handset makers cleared for PLI benefits seek clarity over targets, time frame
Government on Tuesday approved the applications of 16 electronics companies including 10 mobile phone manufacturers for rewards under the product-linked incentive (PLI) scheme - an announcement which was delayed by two months.
Samsung Galaxy F41: India launch today; price, specs & other key info here
As per teasers, the highlight of the F41 will be a powerful 6,000mAH battery. Other key specs will likely include: Android 10 operating system, a 64 MP main camera, a triple camera set-up.
Realme prepares for aggressive smart TV, IoT play in India
The company is also aiming to significantly expand its consumer Internet of Things (IoT) business with the launch of as many as 100 products across various categories such as audio, home automation and lifestyle in 2021.
PLI scheme approval a challenge for local manufacturers to scale up: Industry
The government, on Tuesday, approved applications of 16 electronics companies including 10 mobile phone manufacturers for reward under the product-linked incentive (PLI) scheme for total disbursement of Rs 40,000 crore, expected to attract investment of Rs 11,000 crore in next five years.
C-DAC to commission India’s fastest HPC-AI Supercomputer ‘PARAM Siddhi – AI’ with NVIDIA
The initiative has been spearheaded by Abhishek Das, Scientist and Program Director (HPC-AI Infrastructure Development) at C-DAC, who conceived the idea and designed the architecture for the largest HPC-AI infrastructure in India.
Fringe brands step up phone launches to cash in on Covid-induced surge in demand
Brands like LG, ASUS, Karbonn, Gionee, iTel, Infinix, Tecno, Motorola, Nokia, Sony and Honor have all scampered into the market with new smartphone launches to seize the opportunity created by huge demand for budget phones and anti-China sentiment in the midst of the Covid pandemic.
Import duty levy may impact smartphone prices, says LG
Beginning October 1, the Central government levied 10% basic customs duty on imports of display assembly, touch panel/cover glass assembly, despite industry request to defer the levy by a year as these components are not made in India yet.
Smaller brands may be forced to import fully built mobile devices, after latest BCD levy
From Oct 1, the government levied 10% import, or basic customs, duty on display assembly, touch panel/cover glass assembly, as per the phased manufacturing programme milestones. The levy is also expected to increase prices of devices by upto 5%, which may dampen demand during the crucial festive season, especially in the featurephones and entry-level smartphones.