As India kicks off local manufacturing of semiconductors to cut dependency on China, the shortage of raw material amid the Russia-Ukraine war, which, if lingers for a longer period of time, may hamper the country’s dream to produce high-end semiconductors and become their global hub. The government recently set up the India Semiconductor Mission (ISM) …
The mobile handset, for most Indians is the primary, and most often, the sole means of accessing Internet. As a nation, India leapfrogged into the digital economy by embracing the mobile phone. In fact, no other nation has embraced mobile the way India has. Mobile phones have opened a new world of possibilities to Indians …
Apple dominated the super-premium smartphone segment (Rs 50,000- Rs 1 lakh) in India with 56 per cent market share in H1 2020 as Apple iPhone 11 contributed to be the bestseller, accounting for 39 per cent of the shipments, a new report said on Friday. Samsung came second with 34 per cent and OnePlus third …
Apple has started assembling its affordable second-generation iPhone SE (2020) in India that will reach authorised retail stores and online channels very soon, the company said on Monday. Targeting Android mid-segment users as well as aspirational iPhone seekers, Apple brought the new iPhone SE (2020) to India, that looks like Apple iPhone 8 with the …
Foxconn, the key supplier to iPhone maker Apple Inc., announced on Wednesday that it is planning to add more manufacturing facilities outside China to reduce its dependence on the country in the light of the ongoing trade war, reported Bloomberg. Foxconn chairman Young Liu said China’s proportion in its total production has come down to …
Smartphone production in India will fall by 38-40% in the first half of 2020, a new report by Cybermedia Research (CMR) estimated. The Indian smartphone industry faced supply shortages due to shutdown of factories in China in February. Manufacturing here was hurt because the industry couldn’t source components required for production here. Factories in China …
It’s been a tough few years for Samsung in the India handset market, where it has struggled to keep pace with or beat back competition from Chinese rivals such as Xiaomi, Vivo and Oppo. The first signs of vulnerability came when Samsung lost the smartphone crown to Xiaomi in the September quarter of 2017. In …
China is the hub of the global smartphone manufacturing supply chain. In fact, it accounts for almost 85% of the mobile phone components imported into India. Roughly, 12% of semi-knocked down (SKD) components are being sourced locally. The dependency of the world, as well as of India, on China for electronics components, cannot be emphasised. …
Apple turned around its India story in 2019, by doubling its market share to 2%. At the Apple Q1 2020 earnings call for the quarter ending December 28, 2019, Apple confirmed its success story with a quarterly revenue of $ 91.8 Bn, an increase of 9% from the year ago. With respect to India, Apple …
India’s move to cut corporate tax will further propel manufacturers’ abilities to generate employment and invest more in local research and development (R&D). HMD Global, which makes Nokia phones, said that the move to cut corporate tax will encourage more entries into the Indian market. “We are also hopeful that post the relaxation for domestic …