The firm has started shipping PCs to the neighbouring country and volumes would increase from next month, general manager (sales and marketing, consumer products group), S Rajendran, said.
Acer India on Wednesday launched five tablets under the Iconia brand, priced between Rs 27,990-Rs 70,000. The world's second largest PC vendor launched five tablets - Iconia Tab A500, Iconia dual screen notebook, Iconia A100, Iconia smart A300 and Iconia W500.
Aggressive pricing by brands have made the 5g mobile phone affordable; you can get good options around Rs 10,000.
Acer has introduced the Swift Lite 14 to the Indian market, adding to its growing Lite range. Designed for those on the move, this sleek laptop blends feather-light design with smart AI tools aimed at boosting everyday efficiency.
Eight Indian shooters, including double Olympic medalist Manu Bhaker, have secured their places in the season-ending ISSF World Cup Final scheduled to be held in Doha, Qatar, from December 4 to 9.
Acer is ranked fourth in India and third in the world in terms of PC shipments. It plans to position itself in the top three in India. Acer sponsors the FC Barcelona team.
Banglaore-based personal computer manufacturer Acer India (Pvt) Ltd will soon export PCs to Bangladesh and is exploring other neighbouring markets for shipping IT products.
"This year we have an expansion plan to touch 200 retail outlets, out of which 60 will be exclusive Acer Malls. For the purpose we have an investment budget of $3 million," Acer India Ltd Managing Director WS Mukund said.
Acer India on Thursday forayed into the enterprise storage solutions space, launching a range of storage products.
Acer India has announced the launch of its Acer Power 330 series PC, based on Intel's latest Pentium 4 Processor with hyper-threading technology.
Personal computer maker Acer, which introduced two laptops on Intel's new Centrino Duo platform on Thursday, said it is expecting a 40 per cent rise in revenue this year to Rs 1,100 crore (Rs 11 billion).
Bengaluru-based Sunny Gupta had been searching for a laptop for months. In August, while sitting at a coffee shop, he decided to order an Acer Predator laptop - typically priced between Rs 95,000 and Rs 2.5 lakh - through the quick-commerce (q-com) platform Flipkart Minutes. "It took exactly 13 minutes from payment to receiving it at the Starbucks I ordered it to," he wrote in a now-viral post on social media platform X.
Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for devices research, Navkendar Singh said the weakening rupee can lead to an increase in device costs, which can impact the price-sensitive SMB (small and medium businesses) and consumer segments but despite all challenges, the India PC market is most likely to witness a low single-digit growth in 2025.
Acer is eyeing a bigger share of the Indian market with five tablet PCs and five smartphones in its portfolio.
A recent entrant in the Indian market, Acer is banking to find a footing with affordable Android phones, most probably touchscreen devices, among the 500 million mobile subscribers in India.
The news of Dixon Technologies (India)'s tie-up with HP in addition to its existing Lenovo and Acer partnerships has led to a 5 per cent stock uptick since the start of the week. Dixon can target roughly 60 per cent of India's addressable IT hardware market with these contracts. Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years.
Even as the buzz about a sub-10k PC continues, Acer India, one of the top three PC vendors in India, has broken the laptop price barrier to offer a sub-20k notebook.
Acer India has announced a tie-up with Bajaj Finance to provide consumers across India with a six-month EMI and zero per cent interest option on Acer's entire range of notebooks and desktops.
'I was in the US, where I met top executives of HP and Dell, and they are very keen to come to India.' 'Acer and ASUS have also evinced interest.'
As many as 40 companies, including Dell, HP, and Lenovo, have applied for the IT hardware PLI scheme with a commitment to make personal computers, laptops, tablets, servers and other equipment worth Rs 4.65 lakh crore during the scheme period, an official statement said on Thursday. If all companies get selected under the scheme then the government will need to increase the incentive amount to Rs 22,890 crore against the budgetary allocation of Rs 17,000 crore, according to the note. "Total 40 applications have been submitted till the closure of the window on August 30.
The India personal computer (PC) market shipment, inclusive of desktops, notebooks, and workstations, dropped by an overall 30.1 per cent in the first quarter of CY2023 over the previous year, to only 2.99 million units, according to the latest data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker released on Tuesday. In Q1CY23, while the demand for desktops was positive, the notebook category witnessed another weak quarter as it declined by 40.8 per cent year-on-year (y-o-y). The consumer segment declined by 36.1 per cent y-o-y primarily due to slowing demand and weak market sentiment.
The government on Thursday imposed import restrictions on laptops, tablets, all-in-one personal computers, ultra small form factor computers, and servers with immediate effect. The Directorate General of Foreign Trade (DGFT) in a notification said exemption from import licensing is provided up to 20 items per consignment for R&D, testing, benchmarking and evaluation, repair and return and product development purposes.
Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.
It started out as a Production Linked Incentive (PLI) scheme to make India an export hub. But after many a twist and turns, the latest 2.0 PLI for IT hardware, for which the 40 eligible candidates have applied till its deadline, is now focused on 'import substitution'. The scheme will help in reducing India's over-dependence on imports (80 per cent of laptops are imported), especially from China which include laptops, tablets and servers.
'As long as ASUS continues to introduce new products into the market, we still have a chance to grow our business in India.'
The Indian PC market grew by 17.8 per cent in shipment to 3.7 million units in the April-June 2022 quarter, International Data Corporation (IDC) said in a report on Thursday. The PC market includes desktops, notebooks and workstations.The notebook category continued to be the volume driver, with the shipment of 2.6 million units in the June 2022 quarter. However, its growth rate reduced to 7.3 per cent compared to over 30 per cent on average for the last three quarters.
The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.
They are both electronic manufacturing services (EMS) companies, also known as contract manufacturers. One is Taiwan's Foxconn group, the undisputed global number one in this business with revenues of $223 billion. The other is Dixon Technologies, the biggest domestic player with revenues of over Rs 10,500 crore.
India's traditional PC market, inclusive of desktops, notebooks, and workstations declined by 11.7 per cent year-on-year (YoY) in Q3CY22 (Jul-Sep) after 8 consecutive quarters of growth despite strong shipments of 3.9 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. All segments declined except the government, which grew by 91.5 per cent YoY on the back of government orders, leading to strong growth in the third consecutive quarter. While the desktop and workstation categories grew by 23.4 per cent and 17.6 per cent YoY respectively, the notebook category declined by 19.5 per cent YoY.
Some of the players in the GST race are Payworld, Dell, Tally Solutions
Apple was a fringe player in all key categories like smartphones, notebooks, and tablets till recently. But with the last quarter's record-breaking performance, the brand has established itself in the country's price-sensitive consumer electronics market.
"To become customers' favourite, it is important to understand customers' needs, learn their problems and provide them better comfort and service. We are planning to open more exclusive showrooms, retail partnerships and other channel programmes to reach more customers."
"To become customers' favourite, it is important to understand customers' needs, learn their problems and provide them better comfort and service. We are planning to open more exclusive showrooms, retail partnerships and other channel programmes to reach more customers."
Their sights are on the subcontinent as Chinese sales begin to slow.
Intel believes country's Wimax market alone could touch Rs 21,000 crore (Rs 210 billion) in the next three years as the Indian telecom market has now become more attractive after the announcement of 3G and broadband wireless access licence policy. The country is adding more than 6-7 million wireless subscribers every month and Intel believes after the roll-out of Wimax services around 7 to 8 per cent of the new customers would subscribe to WiMax service.
The Indian tablet market has been dominated by Chinese or local players.
Chennai Smashers put up a clinical display to outplay Delhi Acers 4-3 and register their second consecutive win in an exciting Premier Badminton League (PBL) encounter in Lucknow on Tuesday.
Indian PC shipments for the third quarter of CY21 touched a total of 4.5 million, making it India's biggest-ever single quarter. To put this in perspective, it is bigger than the total yearly consumer shipments in 2019, a year before the pandemic hit. As a result, many brands also reported their biggest quarter of PC shipments.
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