Page 7 - Smartphone Industry

Smartphone makers bank on online sales, H2 2020 still a pipe dream

After six weeks into the second half, the faltering offline channel, which traditionally rakes in 60 per cent of sales for the market, has become the biggest hurdle towards the path of revival

Foxconn's profit beats estimates, sees sustained revenue weakness ahead

Foxconn reported a net profit of T$22.9 billion ($778.54 million) for the second quarter ended June. That was up 34% from a year earlier

Apple starts manufacturing flagship iPhone 11 model at Chennai plant

Sources said this could be the beginning of a new era for Apple, which is preparing to begin manufacturing its newly launched iPhone SE (2nd Generation) of handsets in India

Huawei revenue growth slows to 13.1% in first half of 2020 amid US pressure

Revenue rose 13.1% to 454 billion yuan ($64.90 billion) in the first half of the year, compared to 401.3 billion yuan the year before.

Vocal for local: India's $6.7 bn plan to boost electronics manufacturing

The government is offering a production-linked incentive (PLI) involving cash worth 4 per cent to 6 per cent of additional sales of goods made locally over five years

Xiaomi gets first-quarter sales boost as smartphone demand rebounds

The company gets most of its revenue from selling mobile handsets, but also makes money by selling online ads and other types of consumer hardware

India's investment policy upsets Xiaomi, Oppo's consumer finance plans

The Chinese phone brands, are keen to establish their own NBFC which will help improve margins by allowing them to directly sell financial products to their consumers

India's mobile device market entry a worry for China and Vietnam

Three firms- Apple, Samsung, and Huawei - account for 75% of global exports

Scheme for phone makers finds no takers amid coronavirus lockdown

Despite the government recently announcing two ambitious schemes for the sector to attract new investment, none of the companies is planning to avail them any time soon.

Indian smartphone industry stares at $2 bn loss due to coronavirus lockdown

If the lockdown extends, the loss will be higher and could affect the entire supply chain and the channels in terms of revenue, payments as well

Industry and analysts denounce GST rate hike to 18% on mobile phones

Xiaomi MD says move could weaken demand as smartphone makers will be forced to raise prices

After dominating Indian mobile market, is China eyeing automakers next?

Led by Xiaomi and BBK Group, the Chinese brands have invested heavily in manufacturing devices and accessories in India.

Smartphone shipment touches all-time high of 49 mn units, defies slowdown

Given the maturity of smartphone users - in terms of digital content consumption, commerce, and communication - the phone has become central to people's lives, analysts said

Vivo V17 Pro with pop-up dual selfie camera launched: Price, specifications

The Vivo V17 Pro goes on sale from September 27 on Amazon, Flipkart, vivo India E-store and offline stores

OnePlus 7T, OnePlus TV India launch on September 26: Here is what to expect

The OnePlus 7T Pro is also expected to be announced at the OnePlus launch event on September 26

Vivo Z1x review: One of the best bets in the mid-range smartphone segment

At Rs 16,990 for the base model with 6GB RAM and 64GB internal storage, the Vivo Z1x is seemingly one of the best-performing smartphones in the mid-range segment with a 48MP primary camera in tow

Motorola launches Moto E6s with dual rear cameras at Rs 7,999: Know more

The Moto E6s launch is crucial for the company, which is looking to resurrect its identity in the budget smartphone segment it once dominated

Smartphone firms storm smart TV market, thanks to low data tariffs

Smart TVs have pre-installed OTT apps and other offerings which serve as a distribution channel for OTTs and earn revenues for the TV brands

HTC takes brand-licensing route for a comeback; launches Wildfire X

The HTC Wildfire X comes in two RAM and storage configurations - 3GB/32GB and 4GB/128GB - priced at Rs 9,999 and Rs 12,999, respectively

Apple to launch three iPhones in 2019 with optic & haptic upgrades: Report

Speculated to be named the iPhone 11, the upcoming series of smartphones might have at least three different models