Mobile Manufacturing

Inflation, higher component costs among reasons for decline of popular segment

A meeting of key mobile device brands is expected soon to discuss Google's changes in its app policy and take a final call

China accuses Washington of pursuing technology hegemony

Capital markets regulator Sebi has returned the draft IPO papers of Lava International and asked the home-grown mobile maker to file documents again with certain updates. The move might delay the company's initial public offering (IPO). Lava International had filed draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in September 2021 to raise funds through an initial share-sale. The proposed IPO comprises fresh issuance of equity shares worth up to Rs 500 crore and an offer for sale (OFS) component of 4,37,27,603 equity shares. The OFS consists of sale of 1.25 crore equity shares by Hari Om Rai, up to 31.35 lakh shares by Shailendra Nath Rai, up to 78.38 lakh shares each by Sunil Bhalla and Vishal Sehgal, up to 1.13 crore shares by Unic Memory Technology and up to 9.75 lakh shares by Tupperware Kitchenware. The company proposes to utilise the proceeds from the fresh issue for marketing and brand building activities, funding acquisition and ot

The Pixel phones will be made primarily for exports

Udaan said its in-house expert team works closely with small manufacturers and trains them to run an e-commerce business

Foxconn's factory in Zhengzhou in central China is the world's largest assembly plant for Apple's iPhones

The OnePlus Nord 2T may be the best OnePlus midrange smartphone but not the best in the segment because it seems wanting in comparison with other midrange smartphones launched this year

India's stringent restrictions on Chinese investments have hampered the creation of a robust supplier ecosystem for mobile and IT device makers

Move to bring the curtains down on the battle between mobile makers and DoT

ICEA has said that increase in taxes on components will make the products manufactured in India under the PLI scheme globally uncompetitive.

India used to import mobile phones worth USD 8 billion seven years ago and now the country is exporting such devices worth USD 3 billion while reducing imports significantly, PM Modi said on Sunday

Taiwan's Foxconn reported a better-than expected quarterly profit on Thursday due to strong demand for technology products from clients, such as Apple Inc

Production and export commitments by 19 companies are much lower than government's projections

Slowdown visible since late February, says IDC

Mobile manufacturers shortlisted under a production linked incentive scheme invested Rs 1,300 crore and produced goods worth around Rs 35,000 crore in the 2020 December quarter

Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers

Companies eligible for the scheme ask govt to invoke force majeure clause

The second part of a report on the productivity-linked incentive scheme examines anomalies for makers of laptops, tablets and mobile devices

Mobile manufacturers on Friday requested the government to come up with policies that focus on competition with countries and not companies, sectoral industry body ICEA said in a statement.