Patent fees will likely squeeze margins, and in turn the company's valuation.
IIT Kharagpur officials said the salary package was among the 163 offers made by 27 visiting companies on Monday on the first day of campus placements.
It also sports 128MB RAM, 256MB memory (expandable up to 32GB), 2MP camera and 1350 mAh battery.
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.
The report forecasts that by 2020, four out of every five smartphone connections worldwide will come from the developing world.
Lenovo does decent business selling smartphones to mostly Chinese customers.
However, the firm continued with its operation in the Indian market.
Apple Inc unveiled a watch, two larger iPhones and a mobile payments service on Tuesday as Chief Executive Officer Tim Cook seeks to revive the technology company's reputation as a wellspring of innovation.
Industry estimates suggest that the extent of value addition in the handset space remains at a mere 10 per cent. That effectively means, value-wise 90 per cent of all components used in making a handset continues to be imported.
Drones are of course, remotely controlled and modern ships are also chip-driven.
Chinese handset maker OnePlus on Tuesday said it expects India to become its biggest market in the next few months.
Once the darling of consumers, the April-June sales figure for Apple is a historic low. This has coincided with Chinese player OnePlus taking top spot in premium smartphones with a share of 40 per cent and Samsung slipping to second position at 34 per cent in April-June.
Still, the earliest India will get to experience Apple online will be early 2020 and the company's first fully-owned signature store should be up around 2022 -- almost two decades after it had opened its first store worldwide, writes Nivedita Mookerji.
They in three versions in terms of storage: 16 GB, 64 GB and 128 GB.
India offices of MNCs like DHL, Google and Marriott ranked among the top workplaces in Asia.
Pixel and Pixel XL will be put up for pre-order from October 13 onwards in India, and will be sold by the end of the month. They will be priced at Rs 57,000 onwards, and will be available in 32GB and 128GB versions.
The company claims it is selling as many tablets internationally as it is retailing in India.
Xiaomi is the third largest smartphone brand in the top 30 cities in India.
It's planning to offer unique apps such as Office 365, One Drive and X-Box Games.
He also praised PM Modi for his leadership and said that it is the best time for both the countries to work together.
The government's stated vision is that it wants to make India a manufacturing hub and that is where such a rush or confusing policies don't help, reports Shubhomoy Sikdar.
Alibaba in talks to invest up to $700 million in Snapdeal
Lumia 640 XL will begin rolling out globally in March.
Alibaba will acquire 25 per cent stake in One97 Communications.
Following the footsteps of Motorola, Chinese handset maker Xiaomi is also teaming up with e-Commerce major Flipkart to launch its handsets in India.
According to the survey carried out by IDC recently, India scores the highest (8.5) on the happiness quotient of its banking citizens, followed by Indonesia (8.33), New Zealand (8.27) and China (7.93).
If the Delhi HC order stays effective, Xiaomi would lose the fastest growing smartphone market.
Lei Jun, founder and CEO of Xiaomi, in an internal letter on Wednesday, announced that the company has sold one million smartphones in the first 18 days of this month in India, state-run China Daily reported.
Eyeing emerging markets for its affordable smartphones, Microsoft launched its first Lumia device without the iconic brand name of Nokia.
Conducted by research firm IDC, the study titled 'Understanding the Indian Retail Banking Customer' says push marketing is fast becoming obsolete and the thrust should be on creating brand advocates.
The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.
Samsung makes the largest number of non-4G feature phones in India
From your fingerprint to most private images and financial info -- all your privacy is under constant threat from hackers.
The mobile -- billed as the world's slimmest phone at 6.5 mm thick -- will go on sale in 31 markets, including Britain, Germany and China, starting this month for 449 euros ($630) without a SIM card or service contract.
A Taiwanese cyber security expert has claimed to have compromised server of China based smartphone maker Xiaomi but the company called it a hoax.
By getting its focus back on the sub-Rs 10,000 and other price segments, Vivo is filling key gaps aggressively in a bid to grab share and regain strength in smartphone market.
FY14 profit halves, dips to 4-yr low
The company might look to reduce workforce in its mobile phone division.
It is betting on enterprise services and new launches to revive demand. But are the measures enough to steal a march on established players like Samsung and Micromax?
A United Nations-backed nuclear watchdog has said that it has not detected an explosion or a crash that could be linked to the missing Malaysia Airlines plane, amid continued speculation over fate of the aircraft.
