Computer maker Dell has reported 18 per cent drop in net profit to USD 732 million in the May-July quarter of this fiscal, which saw 30 per cent dip in India revenues -- sharpest fall in the Asia Pacific region.
India has become the fastest growing market for the nearly $57 billion IT company Dell. For its third quarter of the financial year 2008, the company posted a 47 per cent growth in revenues for India compared with China's 22 per cent growth.
Computer major Dell on Wednesday announced the opening of its third customer contact centre in the country with 300 employees, at Chandigarh, to support its growing global customer base.
Revenue, however, grew just 1 per cent to $15.01 billion in the reporting period, compared to $14.87 billion in Q1, FY'11.
Dell will deploy the earmarked $2.57 million to 10 institutions in the country working toward child labour rehabilitation, educating daughters of sex workers and an initiative to impart information on climate change. Dell YouthConnect plans five pilot projects in India with NGOs, with up to $500,000 of funding in the first year.
Dell, the most profitable computer maker in the world, announced on Friday that its Indian operations will employ close to 10,000 people by the end of the current year.
He takes over from Ashutosh Vaidya, who will move into a full-time position as head of Global Delivery for Dell Services.
As a part of this strategy, the company is rolling out its first brand campaign in India roping in real-life business heros and entrepreneurs to endorse its products, especially targeting the small and medium businesses. This is in a slight change in its marketing strategy which was earlier largely focussed on the large enterprises.
Dell has launched the 5-inch Dell Streak, a tablet-cum-phone at Rs 35,000, which will become one of the biggest phones in the country.
Dell on Friday said that it will begin manufacturing all of its products including desktops, laptops and computer peripherals in India by the second half of 2007.
After taking leadership in the personal computer space in India, Dell now wants a piece of the market for smart phones.
Dell has announced the launch in India of its Global Small Business Excellence Award. India will be participating in these awards for the first time. The global competition will see entries from 13 countries, including China, Japan, Australia and New Zealand. The winner will get $50,000 (around Rs 2.5 million) in Dell solutions and a meeting with Chairman Michael Dell. For the India leg of the competition, Dell expects 300-400 entries.
Dell expects its India revenues moving toward $1-billion mark soon.
Dell Chairman and CEO Michael Dell said computer sales worldwide in the second half of this year will exceed the first half as slowing economic growth globally drives demand for efficiencies. "Of the 300 million computers targeted to be sold this year, majority of these will be sold in the second half," said Dell.
Hewlett Packard has lost its personal computer market leadership in India for two reasons: Dell's focus on the retail and SME segments has started paying off and its new distribution strategy is going through initial troubles.
The company's revenues also slipped four per cent to $14.42 billion in Q1 FY'13 from $15.01 billion in 2012.
Computer hardware manufacturer Dell on Monday launched a new range of notebook computers and mobile workstations in India.
India will be an important country in terms of manufacturing in future, Young Liu, chairman and CEO of Hon Hai Technology Group (Foxconn) has said, his latest comment adding to a growing chorus of global voices acknowledging the country's bold moves to position itself as electronics and hi-tech production powerhouse. In an interaction with reporters in Taipei, the top honcho of the Taiwanese electronics manufacturing giant said the development of the entire ecosystem and industrial chain, and opportunities for development in India are "very, very huge opportunities". "If there is no big change, India will be a very important country in terms of manufacturing in the future," Liu said.
'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.'
With the first Dell personal computers going on sale in Wal-Mart Stores in the US and Puerto Rico, the $56 billion company is reportedly planning to sell its PCs through retail stores in Asia (including India) and Australia.
This year, Dell will launch new smartphone models and venture into the printers segment to cement its position as a hardware company in India.While the company believes that the biggest growth driver in 2011 will be smartphones, it is also eyeing the enterprise and small business segment with the launch of eight new printers.
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.
Buoyed by strong demand from the corporate and small-and-medium business (SMB) sectors in India, Dell Inc, the world's No. 2 computer maker, said on Tuesday that it would be doubling the production capacity of its lone plant in India from 4 lakh to about 1 million units per annum. In a move to achieve this, the company announced the manufacture of a wide range of laptop lines at the Sriperumbudur plant near Chennai.
Here's a quick round up of the latest and hottest happenings in the world of gadgets and gaming this week.
Billionaire Mukesh Ambani's Reliance Jio is India's strongest telecom brand in India, ahead of Bharti Airtel and Vodafone Idea Ltd, according to brand intelligence and data insights company TRA. TRA, formerly Trust Research Advisory, in its 'India's Most Desired Brands 2022' ranked companies according to their brand strength. Reliance Jio topped the telecom category, followed by Bharti Airtel, Vodafone Idea Ltd and BSNL.
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.
'Customers will end up pre-buying laptops, even at inflated rates. The same is true for second-hand and refurbished pieces that a company's authorised stores sell.'
Anandan, also an investor in multiple start-ups, is slated to join venture fund Sequoia Capital.
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.
Google is followed by Sony India who won the runner-up position.
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.
32 per cent employees from India were concerned about not having access to the right technology assets to be productive and 30 per cent cited the blurring boundary between work and personal lives as the top concerns should remote work arrangements continue long-term.
'As long as ASUS continues to introduce new products into the market, we still have a chance to grow our business in India.'
According to Randstad Employer Brand Research (REBR) 2020, Microsoft India scored high on financial health, strong reputation and utilisation of the latest technologies. Others in the top 10 list are Samsung, Amazon, Infosys, Mercedes-Benz, Sony, IBM, Dell, ITC and TCS.
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.
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.
'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'
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