INDIAN HANDSET MAKERS
Apple Inc's revenue hits all-time India high in September quarter
Apple Inc achieved significant revenue growth in India during the September quarter, driven by rising demand. The company's sales of iPhones, Mac computers, and services reached record levels across various markets. Initial sales of the newly launched iPhone 18 Pro series in India exceeded those of the previous model by nearly 20%.
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.
India remains key market for global smartphone makers amid evolving demand, component price pressure, say global smartphone manufacturers
Major smartphone manufacturers consider India an important market, as consumer demand remains steady despite increasing component prices. Companies like Xiaomi and Motorola emphasize the shift towards usability and experience-focused devices. Upcoming models, including Xiaomi 18 Pro and Motorola's Signature 27, will feature advanced processing technology. iQOO also plans to release its latest flagship, iQOO 16, utilizing Qualcomm's cutting-edge platform.
Micromax strengthens international play, to foray into South Africa
Micromax, which is facing intense competition from Samsung and Chinese players like Xiaomi, Oppo and Vivo, among others, in the Indian market, operates in Russia, Middle East, Nepal, Bangladesh and Sri Lanka.
Reliance Jio’s ripple effect: Intex says sales plunged 30% in 2016-17
Intex posted revenue of Rs 4,364.08 cr in the year ended March 2017 compared with Rs 6,233.42 cr in the previous year, while net profit declined 17% to Rs 127.3 cr.
Indian handset makers can join Chinese companies to stay afloat
Handset makers Intex , Karbonn and Lava – pushed out from the top rung by Chinese rivals – said the Indian market still holds potential for smartphones.
YMS Mobitech in talks with handset makers in India for online distribution deals
The app-based distribution system which has in-built analytics, allows retailers to place orders on the app, directly with the company.
Panic buttons to be installed only in new phones
The Department of Telecommunications (DoT) had asked all handset makers to develop and install software patches that enable panic buttons in all phones.
Indian mobile industry expects Chinese companies to invest $2-3 billion
Holitech plans to set up a manufacturing facility in India over the next three to five years, for which it is willing to put in 20% equity.
India's smartphone shipments rose by 68.5% in 2014
Chinese handset makers including Xiaomi and Gionee more than doubled their market to 13%.
Akamai Technologies in talks with Indian handset makers
"A lot of the world's most important device manufacturers are in India," Akamai's chief executive Tom Leighton said.
Competition panel to probe Ericsson on Micromax complaint
CCI will investigate whether the royalty payments that the Swedish company charges for its cellphone technology are too high and discriminatory.
Zen Mobiles to reduce number of models it offers
Indian handset maker Zen Mobiles will be reducing the number of models it offers by a third to 15 over the next six months.
Techcom to invest Rs 100 crore in 3 years
Handset maker Techcom is planning to invest Rs 100 crore in branding and marketing activities over next three years.
3G handsets get cheaper, prices dip 20% in a year
Falling raw material costs, new & more efficient tech and increasing number of 3G handsets in the market pull down prices.
Spice Mobility to invest Rs 1,000 crore for expansion this fiscal; stock up
Indian handset maker Spice Mobility Ltd will invest 1,000 crore in this fiscal for building new offices, expanding its retail portfolio, product innovation, research and development and buying companies, its chairman BK Modi said
Micromax, Lava, Karbonn, Spice, Maxx, Olive, Zen plan to start operations in Africa
Having found success in the Indian market, the new breed of handset makers estimate African customers to pick up at least 100,000 mobiles a month.
Indian handset makers emerge as hyper-competitive force
During this year's IPL cricket tournament in India, mobile phone manufacturers used the hugely popular extravaganza to blitz viewers with an array of sponsorship deals and advertising.
Spice Mobile to start manufacturing unit;will invest Rs 100 cr
Handset maker Spice Mobile today said it will start a manufacturing unit for mobile devices in the country by next year with an initial investment of Rs 100 crore.
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