CHINESE SMARTPHONE
Local partner wanted for Xiaomi ‘home’ coming
The proposal is in the exploratory phase, but the Chinese technology company is set to begin evaluating potential Indian suppliers, according to one of the persons who did not wish to be identified. “It marks a natural progression for Xiaomi as it has committed to expanding beyond air purifiers into categories such as air conditioners, refrigerators and washing machines,” the person said.
SanDisk stock crash deepens: Why did SNDK fall 19% today, wiping out 36% in six trading days?
SanDisk stock: SanDisk shares plunged more than 19% on Thursday, extending a six-session slide despite strong quarterly earnings and an upbeat forecast. Growing attention on China’s CXMT, pressure across memory stocks and concerns about data-centre expansion have added to the sell-off.
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears
Businesses are divided over whether Washington should propose new tariffs on Vietnamese goods this month, with Tesla and Samsung not in favour, while others have called for penalties, submissions to the US government show.
China’s 5,000-ton digging machines are a trade war risk to India
China is tightening export controls on tunnel-boring machines and other specialised construction equipment, raising concerns that the restrictions could disrupt India's infrastructure projects, particularly along the disputed Himalayan border.
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears
A trade investigation into Vietnam's intellectual property practices is nearing a conclusion with a November 29 deadline. Various industries have conflicting views on whether new tariffs should be imposed on Vietnamese goods. Tesla and Samsung are against additional tariffs, while steel and wood sectors advocate for penalties. Vietnam has faced escalating exports to the US, surpassing its previous trade standings.
A missed call for China is a loud wake-up call for desi companies
Indian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring memory chip prices and shrinking demand. Domestic brands captured 7% of shipments in the September quarter, their highest share in nearly eight years. Government incentives and India's manufacturing expansion offer a boost, but technology, distribution, after-sales service and customer loyalty remain critical to sustained growth.
Chinese smartphone brands lose India market share as chip costs soar
Chinese smartphone brands' market share in India decreased to 67-68% in the recent July-September quarter. This decline represents the lowest percentage seen in more than eight years. Companies like Vivo, Oppo, and Xiaomi are reducing their budget models due to high memory chip prices. Domestic brands such as Lava and Ai+ are gaining traction among price-sensitive consumers as a result.
A7 International: Global payments from crypto wallet to local fiat
Transactions across borders have always been a challenge, plagued by slow bank transfers, endless paperwork, and hidden fees. A7 International changes that by bridging the gap between crypto and traditional banking.
Lava MD Sunil Raina, CFO Rajesh Sethi exit amid turnaround
Raina, who has been with the company for 16 years, will step down by the end of December, according to people familiar with the matter. Sethi is currently serving his notice period. Earlier, chief manufacturing officer Sanjeev Agarwal quit the company to join memory maker Micron.
Smartphones need some new smart sell
India's smartphone sales are in a slump, mirroring a global decline. Consumers are increasingly opting to hold onto their devices longer, while premium brands like Apple and Samsung show more resilience than their mass-market competitors. The industry appears to have hit a technological plateau, with minimal advancements noted. This slowdown may pave the way for future innovations that provide more essential features for users.
Sony India TV, audio sales stay flat in FY26 despite GST boost
Overall revenue from operations grew a marginal 0.9% to ₹7,918 crore, while net profit rose 19% to ₹187 crore. The company's other businesses, comprising gaming consoles and digital cameras, recorded modest growth, with revenue increasing to ₹1,389 crore from ₹1,322 crore in FY25.
Price shock trumps festive cheer as India smartphone shipments hit decade low
India's smartphone market faced a 26% decline in shipments in Q3 2026 compared to the previous year. Factors like rising prices and cautious consumer spending reduced replacement demand for smartphones. Samsung regained the top market position, shipping 6.7 million units with a strong premium portfolio. Apple also entered the top five, driven by demand for the iPhone 17 and iPhone 16 models.
US banning Chinese AI DeepSeek from government agency IT systems
The department is also banning acquisition of DeepSeek products and third-party services developed using DeepSeek by US civilian government agencies. DHS said DeepSeek models pose "multiple threat vectors" and raised concerns that use of the product "may result in the transfer of sensitive data to the PRC if used by US government employees or vendors."
India's smartphone shipments slip 26 pc to decade-low in Q3, Samsung regains top spot: Report
Major Chinese players Vivo, Oppo and Xiaomi are estimated to have seen a decline in shipments while Samsung regained top position despite a marginal dip in shipments.
Homegrown firms enter budget smartphone market as memory chip prices rise
India's budget smartphone market is opening up for local brands as global companies reduce their presence. Rising memory chip prices have significantly impacted entry-level smartphone production costs. Homegrown companies Ai+ and Lava are gaining traction in this competitive segment. Micromax plans to re-enter the smartphone market by evaluating various strategies. Brands aim to leverage the government's financial incentives under the Mobile Phone Manufacturing Scheme to succeed.
Global Market: Why China’s CXMT is putting global memory chip giants under pressure
Global semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensifying competition. Samsung, SK Hynix and Micron face potential pricing pressure as Chinese manufacturers seek to narrow the technology gap. The selloff also reflects growing scrutiny of AI valuations and whether heavy investment in AI infrastructure will deliver sustainable returns.
AI boom drives record sales at Dutch tech giant ASML
ASML, a leading Dutch technology firm, has announced unprecedented profits, fueled by a surge in demand for semiconductor manufacturing related to artificial intelligence. The company projects annual sales between 44 and 45 billion euros, exceeding earlier forecasts. ASML's cutting-edge equipment is vital for crafting advanced chips used in emerging tech.
New bamboo-reinforced plastic absorbs electromagnetic waves while improving strength and toughness
Bamboo has been turned into a plastic composite by scientists at Anhui Agricultural University in Hefei, China, that should have greater mechanical strength and soak up electromagnetic interference. The material is a modified bamboo biochar mixed with two biodegradable plastics, polylactic acid (PLA) and polybutylene adipate-co-terephthalate (PBAT).
Too pricey to sell? Apple cuts iPhone 18 Pro orders by 20%, Duo faces similar risk
Apple has reduced component orders for iPhone 18 Pro and iPhone 18 Pro Max by 15%. This reduction is a response to weaker-than-expected demand for these premium models. Concerns about the upcoming iPhone Duo's reception have also emerged due to high pricing. The delayed launch of the standard iPhone 18 could further impact overall sales. Memory chip shortages are also affecting smartphone prices across the industry.
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