Home-grown companies, including electronics manufacturing services (EMS) firm Dixon Technologies and mobile device maker Lava International, have started exploratory talks with Chinese sub-assemblies and component players for setting up joint ventures (JVs) in the country. Sources in the industry say many domestic companies have also had preliminary discussions with original design manufacturers (ODMs) in China to look at a JV model for manufacturing smartphones. Key ODM players in mobile devices in China include Longcheer, Huaqin, and Wingtech, which has already set up a plant in Tirupati.
Shipments of 5G smartphones spurted by 74 per cent in 2022 even as overall mobile phone shipments declined by 8 per cent in the year, CyberMedia Research said on Tuesday. According to the CyberMedia Research (CMR) report, Xiaomi led the overall smartphone market with a 21 per cent market share while Samsung led in the shipment of 5G smartphones with a 23 per cent market share. Driven by a resilient consumer appetite to switch and upgrade, the premium smartphone market continued to gain traction, the report said.
The move, however, is unlikely to prompt its rivals in India - Chinese manufacturers like Oppo, Vivo, and Xiaomi - to do the same.
India doubled its exports of smartphones to $11.1 billion (about Rs 91,000 crore) in 2022-23 (FY23) over the previous year's figure of $5.48 billion (Rs 45,000 crore), thanks largely to the Apple juggernaut, according to data from the India Cellular and Electronics Association (ICEA). Union Minister for Communications, Electronics & IT Ashwini Vaishnaw said: "With the doubling of exports of smartphones to over Rs 90,000 crore, India is well on its way to becoming a leader in the global mobile device market." On the flip side, despite the government prodding Chinese companies to export more, their smartphone shipments fell steeply by 26 per cent from $214 million in FY22 to $157 million in FY23.
Indian team's jersey sponsor Byju's wants to terminate its agreement with the BCCI which has asked the company to continue at least until March 2023.
Oppo is the second Chinese brand after Xiaomi to secure single-brand retail licence. Xiaomi has now 600 retail partners.
The smartphone category as a whole was expected to spend around Rs 1,000 crore on marketing and promotional activities over the next six months, even as India unlocks gradually, said media industry experts. This spending is expected to come down, as firms temper their launches.
DoT is even considering measures to urge private telecom operators to bring down their dependence on Chinese-made telecom equipment.
It was only in April that Byju's and BCCI had agreed on the extension of their partnership until the end of the 2023 ODI World Cup in India at a 10 percent increment.
Clicking pictures under the streetlight or during the day is pure joy with the OnePlus 11, says Ashish Narsale.
Oppo and the BCCI had signed a five-year team sponsorship deal worth Rs 1,079 crore which was announced by the Board on March 7 with the contract commencing on April 1.
Oppo's FDI application approved for single-brand retail trading
In spite of being attacked from all corners, a faltering supply chain and negative sentiments soaring high among the local consumers, top Chinese smartphone brands gained market share during the most critical phase - the April-June quarter of this year.
The Enforcement Directorate (ED) on Tuesday conducted searches at 44 places across the country in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said. The searches are being carried out under sections of the Prevention of Money Laundering Act (PMLA) at locations in several states including in Delhi, Uttar Pradesh, Meghalaya, Maharashtra and others. The agency is conducting searches at 44 places related to Vivo and associated companies, they said.
Though leading brands like Samsung, Apple, Xiaomi, OnePlus, and Oppo managed to absorb the initial lockdown shock and resumed their local production back to 60 per cent, they would likely suffer a 20-25 per cent loss of sales in the October-December quarter.
Smartphone shipment in India declined by 10 per cent to hit a three-year low of 43 million shipment in the July-September 2022 period, market research firm International Data Corporation said on Monday. The 5G smartphone share reached 36 per cent of total smartphones during the reported quarter with 16 million units at a slightly higher average selling price of $393, about Rs 32,000, apiece compared to $377, about Rs 30,600, in the previous quarter. "India smartphone market declined 10 per cent year-over-year (YoY) shipping 43 million units in July-September 2022.
Chinese smartphone company Xiaomi led the Indian smartphone market during the April-June 2022 period despite a 22 per cent decline in its sales volume, a Cyber Media Research (CMR) report said on Thursday. Xiaomi stayed on top position with 20 per cent market share, followed by Samsung with 18 per cent share. The Korean phone maker, however, led the growth in 5G phone category with 28 per cent market share in that segment, according to the report.
Shipment of 5G smartphones in the country continues to gain traction and such devices accounted for 22 per cent market share in the third quarter of 2021, according to CMR. As per CMR's India Mobile Handset Market Review Report for Q3 2021, more than 20 5G-capable smartphones were launched over the course of the quarter.
'We should see to it that not even one woman gets radicalised.' 'We should not let even one young man become a jihadi.'
The fate of the C K Nayudu Trophy and Senior women's T20, which were postponed due to the COVID-19 pandemic, and the Local Organising Committee for 2023 ODI World Cup is likely to be formed when the BCCI Apex Council meets virtually on March 2.
The Income-tax department has conducted searches at multiple premises of Chinese telecom company Huawei in the country as part of a tax evasion investigation, official sources said on Wednesday. The raids were launched at the company's premises in Delhi, Gurugram (Haryana) and Bengaluru in Karnataka on Tuesday. Sources said the officials looked at financial documents, account books and company records as part of a tax evasion investigation against the company, its Indian businesses and overseas transactions.
But this could be shortlived as the rise has been buoyed on Chhattisgarh assembly poll freebies
A fleet of cutting-edge premium handsets have been lined up by OnePlus, Google, Huawei and Nokia.
The Oppo R5 has bagged the title of the world's thinnest smartphone. We list 10 features that will help you decide if the R5 is meant for you!
Union Finance Minister Nirmala Sitharaman on Tuesday said the mass consumption items such as pulses, wheat, rice, flour, and curd will not attract the 5 per cent goods and services tax (GST) when sold loose, and not pre-packed or pre-labelled. The clarification came amid protests and widespread criticism by Opposition Members of Parliament over foisting GST on daily-use essentials and subsequent price rise. The all-powerful GST Council, chaired by the Union minister, had last month decided to impose GST on some mass consumption items to simplify the rate structure, which came into effect on Monday.
In the coming weeks, online retailers are expected to further raise the pitch with shopping festivals, discounts, and cashback offers.
With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.
The onslaught of Chinese mobile brands is virtually obliterating Indian brands, especially in terms of value. According to industry estimates based on excise and Custom duty trends, the value share of Indian brands (across smartphones and feature phones, operator phone sales - which is mostly Jio phones - and the value of phones smuggled into the country) has dropped to a mere 1.2 per cent in January-October 2021 compared to 25.4 per cent in the calendar year 2015. In the same period, the Chinese have established their domination, hitting a value share of 64.5 per cent, up from 17.8 per cent.
The sensor lies embedded underneath the OLED display which is almost invisible.
Cape Cobras were dealt a severe blow after all-rounder JP Duminy has been ruled out of Oppo Champions League Twenty20 due to an injury and has been replaced by Sybrand Engelbrecht.
It was expected that supplies from China will be back to normal by end-June as their factories are now operating at nearly 90 per cent of normal capacity. But the recent issue with shipments has placed an obstacle that manufacturers can't bypass.
While the outbreak has forced most leading brands like Apple, Xiaomi, Oppo, Vivo, and Realme to rework their launch dates and pricing strategies, Samsung, which struggled to maintain its hold over the market last year, has taken the lead.
According to analysts, most of the growth in the smartphone space will come from existing users, who will be lured to upgrade their handsets as new features and technologies turn existing features redundant, says Arnab Dutta.
'Virat Kohli features in 25 campaigns, Ranveer Singh in 24, Akshay Kumar in 22, Deepika Padukone in 20, Ranbir Kapoor in 13, M S Dhoni in 12, Amitabh Bachchan in 12, Alia Bhatt in 11... but not one celebrity campaign is a sizzler,' says ad guru Sandeep Goyal.
After the government backtracked on its plan to impose Customs duty on pricier components, Samsung has decided to begin production of key mobile parts in Noida from April.
In an open letter, the Confederation of All India Traders has appealed to Aamir Khan, Deepika Padukone, Katrina Kaif, Virat Kohli and others to stop endorsing Chinese products. It has also invited Amitabh Bachchan, Akshay Kumar, Shilpa Shetty, Madhuri Dixit, Mahendra Singh Dhoni, Sachin Tendulkar and others to join the campaign to boycott Chinese products under its flagship national movement 'Bharatiya Saaman-Hamara Abhiman'.
From Samsung to Apple iPhone XR, smartphone firms are showering discounts in April.
Ashish Narsale explains what a notch is and lists some top selling notch phones
'I am new to Kings XI, so it is going to be how we come together, how the team dynamics work and take it forward.'
