Mobile Phone Manufacturing In India

Holding the bulky brick cellphone he's credited with inventing 50 years ago, Martin Cooper thinks about the future. Little did he know when he made the first call on a New York City street from a thick gray prototype that our world and our information would come to be encapsulated on a sleek glass sheath where we search, connect, like and buy. He's optimistic that future advances in mobile technology can transform human lives but is also worried about risks smartphones pose to privacy and young people. My most negative opinion is we don't have any privacy anymore because everything about us is now recorded someplace and accessible to somebody who has enough intense desire to get it, the 94-year-old told The Associated Press at MWC, or Mobile World Congress, the world's biggest wireless trade show where he was getting a lifetime award this week in Barcelona. Besides worrying about the erosion of privacy, Cooper also acknowledged the negative side effects that come with smartphones

Manu Kumar Jain announced his exit from Xiaomi group with a social media post, adding that he will take some time off before rejoining the Indian startup ecosystem with "another fulfilling challenge"

The PLI for large-scale electronics manufacturing sector launched with an aim to make India a competitive destination for electronics manufacturing

OnePlus has announced that it will offer four generations of OxygenOS and five years of security updates on selected smartphones from 2023

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The technology ministry has floated the revamped program to electronics industry executives for consultation, including payments that could exceed a half a billion dollars per company

Vivo India's share jumped from 10% in 2017 to 15% in 2021; sister concern Realme's quadrupled in last 4 years

Consumer electronics inventory has piled up as consumers are holding back their discretionary spending, a report said

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India's mobile phone exports jumped over three-folds to Rs 4,300 crore during the April-June 2021 quarter, showing signs of recovery and growth in the segment, ICEA said

The shortage is creating havoc for mobile device manufacturers who are getting less than 30-40 per cent of the normal requirement of chips

Slowdown visible since late February, says IDC

PLI schemes have already set off the expected lobbying

The addressable market for components manufacturers after deducting the conversions cost, handling charges, margins, etc is estimated at around Rs 6.5 to 7.5 trillion

The new industrial policy provides for reimbursement of stamp duty and registration charges, reimbursement of land conversion fee, power tariff reimbursement and exemption from electricity duty

People aware of the discussion said the company will be manufacturing smartphones worth Rs 2.2 trillion, priced above Rs 15,000 per unit, under the production-linked incentive (PLI) scheme

Smartphone industry seems to be limping back to normalcy as sales are picking up at both online and offline market segments

The ICEA has written a letter to Labour Minister Santosh Kumar Gangwar requesting him to facilitate wage compensation under the sickness benefit

The opportunity cost of starting a component manufacturing facility is the loss of revenue of around 5-9 months in the best case scenario and at worst, almost 2 years, the report said

With the rise in mobile phone production, imports of the devices in the country also reduced to less than half in 2017-18