Chinese giant Xiaomi is going for the premium segment with a view to grabbing market share in the Rs 20,000 to Rs 50,000 smart phone market as well as having offerings up to Rs 70,000 where players like One Plus, Samsung, Vivo and Apple are key players. "Two years ago, the Rs 20,000 plus smart phone market which is considered premium in India was very small. "Out of every 100 phones sold, only 10 were above this price mark. "However, in the last two years, it suddenly grew and we thought it was big enough for us to focus on now," said Manu Kumar Jain, managing director, Xiaomi India.
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
Urvi Malvania looks at what is in store for the IPL's 2019 edition.
Chinese sponsorship became a bone of contention after the BCCI declared it would review the deals following the violent clashes between the armies of both the countries in eastern Ladakh.
The company will, however, not bring its new 5G-enabled Pixel 5 and Pixel 4a (5G) to India and Singapore markets.
One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020.
People in the know said that from social and digital media campaign teams to communications specialists -- all hands were on deck, and every possible post or campaign with the potential to intensify the crisis, was being tracked.
Instead of speculating on the IPL's title sponsorship, Kings XI Punjab co-owner Ness Wadia says the focus must be on ensuring that not a single COVID-19 case is reported during the event, which according to him, is set to be the "best ever".
From spreading updates about the brand and upcoming devices to creating personalised world-of-mouth goodwill for Xiaomi -- its online army of fans have swelled parallelly with Xiaomi's fortunes in the country.
Set up in partnership with Compal Electronics, the facility in Greater Noida will have an initial capacity of 60,000 units a month. This will be ramped up to 2,00,000 by the end of December.
Forced out of India due to the rising COVID-19 case count in the country, the IPL will allow unlimited COVID-19 replacements considering the delicate health safety situation across the globe.
Samsung is lining up new products, increasing focus on e-commerce channels and tightening its grip over retail outlets.
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 most important aspect will be the SOP that will be handed to the franchises for Monday's discussion where they can raise their concerns.
It has 18.9 per cent share of the market, down from 22.6 per cent for the third quarter of 2018 while Xiaomi has 27.1 per cent share.
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.
The scales started tilting in favour of smartphones in 2014, when a slew of new, yet vibrant, brands entered the market, with their competitively priced offerings helping smartphones become the indispensable device that it has turned into today.
For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.
Indian businesses' weak ability to compete overseas says much about the infirmities imposed by the intensity of government dominance of economic policy and the nature of this dominance, observes Kanika Datta.
A BCCI official confirmed that Unacademy has picked up the bid papers but refrained from making any comments beyond that.
New Zealand is the latest country after the United Arab Emirates and Sri Lanka which has offered to host the Indian Premier League in case the T20 league can't be held in India due to rising cases of coronavirus. The postponement announcement of the T20 World Cup scheduled to be held in October-November in Australia, is imminent, creating a window for the 13th edition of IPL.
Mods let Lenovo fight the features battle with premium players like Apple and Samsung and keep the price of the phone low, thereby drawing in aspirational customers who can't afford high-priced feature-rich handsets.
Start your digital detox today before irreversible damage to health and mental complications stalk your life, advises Ramesh Menon.
Tim Cook, CEO of Apple, recently stated that he sees India in the same position that China was seven to ten years ago
While OnePlus 8 and 8 Pro were launched in April, the devices were not brought into the Indian market given the lockdown.
The new round values the company at $2.5 billion, more than double the over $1 billion valuation Dream 11 enjoyed in April 2019 when it was declared the country's first gaming unicorn.
Claiming to be saddled with faulty equipment from China, the Indian Weightlifting Federation (IWLF) on Monday called for a boycott of sports apparatus made in that country after the violent face-off in eastern Ladakh killed 20 Army personnel last week. The IWLF ordered four weightlifting sets, comprising barbells and weight plates, from Chinese company ZKC last year. The body said that the equipment turned out to be faulty and the weightlifters are no longer using them.
Expansion of distribution network, venturing into new markets, supplementing production capacity, and ramping up workforce are all on the cards. Instead of trying to fight with brands having massive war chests, it will pass on the benefits to consumers by offering them phones at lower prices.
In October, OnePlus said, it recorded Rs 500 crore of revenue in only the first two days of the festive sale on Amazon.in. The firm is looking at going beyond the metro cities by scaling up its offline stores to over 5,000 and setting up more than 100 'experience centres' in the top 50 cities by next year.
Calls for boycotting Chinese products have intensified after 20 Indian soldiers were killed in the Galwan Valley clash on June 15. The Chinese have so far refused to share details of the casualties they suffered.
Amid the protests against leading e-commerce firms, Flipkart and Amazon, shipments through the online route in fact witnessed a double-digit growth every quarter.
The once-popular brand plans to try its luck in the smartphone market with reliability as its key proposition.
After dropping Chinese sportswear company Li Ning as India's Olympic kit sponsor, Sports Minister Kiren Rijiju on Wednesday said the country's athletes will not wear branded apparel in the upcoming Tokyo Games even as the Indian Olympic Association (IOA) claimed that the search is on for a new partner.
Market grew 15% YoY in June quarter, sharply lower from 23% in previous quarter and 34% in the same quarter of 2015
Demonetisation impacted the smartphone market at almost all levels, including customer demand and stock movement in distribution channels.
In 2015, as many as 15 major Chinese smartphone brands stepped into India.
Samsung makes the largest number of non-4G feature phones in India
'In the next five years both online and TV viewership will grow and complement each other.'
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
Why Ashish Narsale is looking forward to its launch.
