Xiaomi has unveiled its first mid-sized book-style foldable in China, called the Xiaomi 18 Fold. Designed to blend compact dimensions with a larger viewing area, the handset folds down to roughly passport size and opens into a 7.58-inch tablet-style screen. Despite its larger inner display, it weighs just 219 gm and is 5.02 mm slim when opened.
Starts second unit at Sri City, raises retail reach seven-fold; evaluating 2 new categories for 2017
Following the footsteps of Motorola, Chinese handset maker Xiaomi is also teaming up with e-Commerce major Flipkart to launch its handsets in India.
'Last year we sold 18 million phones in India, this year we should do 23-24 million, and next year our target is to hit 40 million.'
Cook further said that Apple would like to place retail stores in India and is working with the government to seek approval to do that.
Competition in the booming multi-billion dollar Indian smartphone market is further set to intensify with e-commerce giants Amazon, Flipkart and Snapdeal all set to launch Google's much-awaited sub-$100 (around Rs 6,000) handsets on Monday.
Today, Vachani's public-listed company, Dixon Technologies, has gone beyond manufacturing just television sets. Armed with private equity funding from Motilal Oswal eight years ago, it has transformed itself into a Rs 4,400 crore electronic manufacturing services major, which now straddles lighting products, home appliances, feature phones, LED bulbs, amongst others. A two-part series looks at how two home-grown manufacturers are leveraging the govt's production-linked incentive scheme.
Google Inc on Monday launched the first smartphones powered by its Android One operating system in India, pricing them at around Rs 6,399 ($105) to capture the low-cost segment of the world's fastest growing smartphone market.
