XIAOMI INDIA
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.
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.
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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.
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.
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.
Dixon eyes a spot among world's top 5 electronics makers, bets beyond phones
Dixon Technologies aspires to become one of the world's top five electronics contract manufacturers in ten years. The company seeks to expand its production of higher-margin components and IT hardware while maintaining its smartphone assembly business. Recently, it gained government approval to partner with Vivo for smartphone manufacturing. Despite growth in revenue, Dixon faces margin pressure in its core mobile business.
Global funds, same tech bet? The diversification trap Indian investors may miss
Many Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices often revolve around similar technology narratives, particularly in semiconductors. To achieve real diversification, investors must grasp the fundamental earnings drivers. Exploring Europe and Japan can unveil distinct economic pathways, offering a refreshing contrast. A thorough assessment of concentration risks and market dynamics is vital when engaging in international investments.
Xi Jinping's India visit to help diplomatic thaw, but business ties bound by suspicion
Xi Jinping’s India visit could signal a diplomatic thaw between India and China, but business ties remain stuck in a maze of investment curbs, visa delays, technology restrictions and stalled equipment supplies. While New Delhi has eased some Chinese investment rules and approved projects, major firms remain cautious. A Modi-Xi meeting could determine whether political warmth finally unlocks economic opportunities.
'Mutually beneficial, win-win in nature': Chinese Foreign Ministry on trade ties with India
China has described its economic ties with India as mutually beneficial and win-win. Beijing has also urged New Delhi to provide "a fair business environment" for Chinese firms. This comes amid both the nations' efforts to rebuild ties following tensions and border clashes in the recent past.
SFIO seeks nod for deeper probe into Xiaomi India
The Serious Fraud Investigation Office seeks permission for a deeper probe into Xiaomi. This investigation will examine fund transfers and mandatory investment approvals. Xiaomi India has stated it has received no notice or communication from the SFIO. The company maintains it fully complies with all Indian laws. Regulations for Chinese investments were tightened after 2020 and recently relaxed.
India's Serious Fraud Office recommends 'detailed' probe into Xiaomi's business in country
India's Serious Fraud Office proposed investigating Xiaomi for alleged business irregularities. The probe would examine fund movements and foreign investment law compliance. This comes amid Xiaomi's ongoing tax and royalty payment disputes in India. The company stated it has not received any official notice from the SFIO. An investigation could further challenge Xiaomi's market position and financial standing.
School Assembly News Headlines, September 9, 2026: Top national, international, business, sports updates and thought of the day
The PM-SETU initiative highlights the approved development of ITI clusters in states like Rajasthan, Uttar Pradesh, and Telangana. Meanwhile, the Delhi Police is set to submit a chargesheet regarding the tragic death of a Manipuri musician. In international news, China expresses its support for India's leadership at the upcoming BRICS Summit, while Defence Minister Rajnath Singh embarks on a visit to Sri Lanka.
School Assembly News Headlines, September 8, 2026: Top national, international, business, sports updates and thought of the day
In a pivotal ruling, the Delhi High Court deemed both MCD and DU accountable for the catastrophic building collapse in Satya Niketan. Meanwhile, Hindutva figurehead Swatantra Bhardwaj faces judicial custody following his alleged involvement in an assault against protestors. Concurrently, India and Australia seek to bolster their collaborative efforts, while Qatar prepares LNG carriers for potential exports and the UAE ventures into alternative trade routes.
Xiaomi India steps up appliance push, next large category still under wraps
Initially focusing on air purifiers, Xiaomi India is planning to launch more products in India this August to mid-September as it builds a diverse consumer durables portfolio.
India PC market grows 12.1% in Q2 despite price hikes and supply constraints, IDC reports
India's PC market saw a 12.1% growth in the June quarter, reaching 3.9 million units. Enterprises and retailers stocked inventory ahead of expected further price increases. Future enterprise sales are expected to be flat, while consumer sales may slow down. Rising costs could prompt buyers to delay purchases, impacting near-term demand. Pent-up demand is anticipated during the festive season with promotional cycles beginning.
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