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Dixon has ₹1,110-crore PLI incentive pending; chairman’s son named executive director
In an announcement, Dixon Technologies disclosed a notable receivable of ₹1,110.06 crore tied to the government's PLI scheme, which is still pending. The company has appointed Prithvi Vachani as its executive director, awaiting shareholder consent. This financial quarter saw consolidated operational revenue jump to ₹21,863 crore, although net profit markedly decreased. Furthermore, a liability totaling ₹576.
ByteDance founder Zhang Yiming reclaims top spot in China's rich list, thanks to his firm's AI push
The rankings released by The Hurun Research Institute on Tuesday reflected that the country's high-tech sectors were rising but others like consumer and real estate were under pressure.
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.
India smartphone shipments fall to decadal low as prices squeeze demand
India's smartphone market experienced significant declines in shipments during the July-September 2026 quarter. Shipments fell by 20% year-on-year, marking the lowest levels in a decade. Demand for smartphones priced under Rs 20,000 saw a drastic 47% decline due to rising prices. Major brands such as Samsung and OPPO adapted by optimizing their product offerings to improve market performance.
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.
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Volkswagen bet on Xpeng to save its China business. It's not going to plan
Volkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3,622 monthly sales but consistently missed this target. Local competitors have gained an advantage by offering advanced technology at lower prices, which has hindered Volkswagen's sales efforts. Despite these challenges, Volkswagen continues to pursue aggressive sales goals for the upcoming UNYX 09 sedan.
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.
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.
Semiconductor ecosystem: Made in India and designed for India
India’s competitive advantage will not come from manufacturing at China’s scale or cost. It lies in building customised devices for specific users and applications.
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.
Online mobile sales may not ring loud this Navratri
India's smartphone market is experiencing a sharp decline in sales during the festive season. Recent data indicates a 16% year-on-year drop in unit sales, influenced by affordability challenges. Retailers are reporting similar downturns, estimating a 20% decline since the start of Navratri. While premium smartphones remain steady in sales, entry-level models are suffering significant losses.
Does sound sell? Dolby’s Javier Foncillas on taking audio from phones and cars to smart glasses
Meta has announced its AI glasses that enable audio capture in Dolby Atmos for sharing on social media, enhancing user experiences. Dolby is expanding its reach from playback technologies to content capture with a focus on creators and social media. Research indicates that audio quality influences smartphone purchases, particularly in India, where mobile media consumption is high.
HP OmniPad 12 review: A tablet that tries to do everything, but does it stand out?
HP has launched the OmniPad 12, an ideal choice for students and professionals alike, offering a detachable keyboard and a sleek, clean Android interface. This tablet features a stunning 12-inch 2K display paired with a quad-speaker system, greatly enhancing the multimedia experience. With a remarkable battery life of up to two days, it’s perfect for users constantly on the move, though it doesn't standout in any specific area.
Ecommerce firms sell goods worth Rs 24,000 crore in first two days of festive sales: Redseer
Players like Amazon and Flipkart are using their quick commerce arms for sales and increasing their salience on the platform, which saw 4 to 5 times higher GMV than the BAU daily average.
E-commerce festive sales touch Rs 24,000 crore in first two days, mobiles lead
E-commerce companies in India sold about Rs 24,000 crore in the first two days of festive sales. Mobile phones accounted for the largest share of sales, representing nearly 40 percent of total revenue. Fashion and electronics also saw significant growth, with contributions from Tier 2 cities and rural shoppers. Approximately 60-65 million shoppers participated in these initial sales, with first-time shoppers noticeably increasing.
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.
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.
Webull’s 29% stock plunge follows a deeper question: how much of its U.S. brokerage depends on China-linked people, technology and infrastructure
What sent Webull stock down? Webull stock fell as much as 29% after a House report said the brokerage’s China connections pose a national security risk. The panel pointed to 863 China-based employees. That was 62% of Webull’s global workforce at the end of 2025. The report also highlighted China-linked technology and data systems, along with $24.6 billion in customer assets.
Harsh Goenka shares Xiaomi ‘dark factory’ video where robots make a smartphone every second without lights; says ‘so much to learn from China!’
Industrialist Harsh Goenka has shared a post highlighting China's “dark factory”, where AI and robots handle smartphone production without workers on the shop floor. He said that there is “so much to learn from China.”
Festive demand on easy finance: Samsung, Vivo, Xiaomi and others stretch EMIs to 30 months, bear interest costs
Smartphone and consumer electronics manufacturers are extending EMI options to as long as 30 months. This move aims to cushion consumers from rising prices and stimulate demand during the festive season. Major brands like Samsung and Xiaomi are offering no-cost EMI schemes on various models, including entry-level options. Retailers expect finance-driven purchases to increase significantly during the festive sales period.
Apple plans to sell six million iPhone Duo units this year: Report
The phone, priced at $1,999, is set for release in October. In India, the 256 GB variant costs Rs 2,99,900, the 512 GB one costs Rs 3,24,900, Rs 3,74,900 for the 1 TB device, and Rs 4,49,900 for the 2 TB phone.
Xiaomi 18 Pro Max vs iPhone 18 Pro Max: Key differences in specs, cameras, battery and price
Xiaomi's 18 Pro Max emerges as a formidable contender against Apple's iPhone 18 Pro Max, boasting cutting-edge features and specifications. The showdown between these flagship devices reveals notable distinctions in battery life, charging efficiency, and camera performance.
China's AI agents can lie and scheme - just like their US rivals
Reuters examined more than 200 documents, ranging from university research papers to technical reports, and identified at least 20 studies or evaluations since 2025 describing cases where agents displayed behaviour such as deception, replication and challenging boundaries that AI experts described as building blocks for a breakout and which could become harder for humans to control as systems advance.
Trump’s dinner for Xi Jinping looks more like a Silicon Valley Summit, but China CEO's are missing; here's the guest list
US President Donald Trump's dinner with Chinese Supremo Xi Jinping is currently the talk of the tech industry as most of the business elites are invited to attend the high profile event. Here's a tentative guest list on who all are expected to at tonight's supper at the White House.
MCA cautions against investing in Nidhi companies without due diligence
The Ministry of Corporate Affairs has issued a warning regarding Nidhi Companies and their investment practices. Nidhi Companies are mutual-benefit companies permitted to accept deposits and provide loans only to their members. The ministry noted that many of these companies promise unusually high returns to attract investors. Individuals are advised to verify the company's Nidhi status before investing.
India’s smartphone business may have lost an old festive-season weapon
India's smartphone market faces challenges this festive season as rising memory costs lead to higher device prices. Major brands are already raising prices across various models due to component cost pressures. This situation is expected to drive more consumers towards financing options to afford new smartphones. Retailers are preparing by offering exchange offers and banking partnerships to enhance sales.
Samsung Galaxy S27 pro leak: Samsung’s next flagship may bring a change fans have awaited for years; check expected upgrades
Samsung’s Galaxy S27 lineup could mark a change in the company’s long-standing battery strategy, with leaked certification figures pointing to higher-capacity cells for both the Ultra and Pro models. The reported upgrade comes as Chinese smartphone brands continue offering much larger batteries, while Samsung may also rely on a newer Snapdragon processor to improve overall power efficiency.
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