Search Result for : Smart Phone

The Dollar Buisness Bureau The Minister of Communications Manoj Sinha said that the Indian telecom industry has seen a paradigm shift from a voice centric market to a data-centric market. While voice business still contributes a large chunk towards operator revenues, data revenues have shown an exponential growth trajectory over the last few years. Speaking at a Workshop on Telecom India, the Minister said that by the end of 2016 the number of internet subscribers in India was 391.50 million making India globally the 2nd highest in terms of internet users. He said that mobile data traffic also grew by 76% in India in 2016 which was primarily attributed to increased smart phone penetration. This growing usage of smart phones, especially in urban ...

The Dollar Business Bureau In a bid to test the waters of selling the manufactured iPhones in India, Apple has authorised some select stores to sell a limited number of these phones in the country. Confirming the news to the media, a PTI source said, "Apple is selling iPhone SE in India at select stores. These phones were assembled in India on trial basis in limited quantities.” iPhone SE’s manufacturing began in Bengaluru and have hit the markets since May 2. A photo shared by the PTI source showed details of the iPhone SE having 32GB storage capacity with a ‘Designed by Apple in California and Assembled in India’ printed on the box. The cost of this phone inclusive of al taxes is ...

The Dollar Business Bureau The Commerce Ministry plans to form a separate company for the management of government e-Marketplace (GeM), a platform for the Central Government departments to source office supplies from. In an initiative to make procurement of goods and services by the government transparent, the NDA regime had announced the creation of an online platform for public procurement in Budget 2016-17. Developed jointly by Directorate General of Supplies and Disposal (DGS&D) and National e-Governance Division (NeGD), GeM began full-fledged operations from August 2016. As of January 2017, the government is reported to source more than 7400 products in 150 different categories from the GeM portal. The cashless and paperless public procurement mechanism is aimed at making the Rs. 10,000 crore annual government procurement activity more efficient and digitized. The Ministry ...

Manishika Miglani The rise in the sales of smartphones, especially in developing economies, led to a corresponding rise in global mobile accessories market which is expected to grow at a CAGR of 6.17 per cent between 2016 and 2020.   Capdase, a global pioneer in mobile accessories, is all set to tap this opportunity with a market presence in over 45 countries. Eyeing India as its next biggest export market, the company recently joined hands with YMS Mobitech, an app-based e-distribution company in the country and plans to capitalise on its network of 11,262 retailers and 361 distributors spread across 383 cities. Stanley Chu, Founder and Director, Capdase and Ajay Laddha, Co-founder, YMS Mobitech spoke to The Dollar Business (TDB) about inking this partnership ...

The Dollar Business Bureau  February 30, 2016, is a double celebration day for LeEco India. Within just 8 months of operations in India, the global internet technology conglomerate has proudly announced the launch of its first state-of-the-art smartphone manufacturing facility in Greater Noida, India.  This swift alignment with the Government’s Make in India initiative is a reaffirmation of LeEco’s commitment to India and its long-term plans for the country. The facility has been set up at a significant investment of 5 million USD and a further 2 million USD has been earmarked for the automation process.  The technology giant has collaborated with leading electronics manufacturer Compal Electronics to set up this facility in the country. The official launch of plant operations was ...

Sharath Chowdary New innovation and latest technology is driving the growth of LG Electronics in India. Innovative product range has helped the company to achieve 26% growth in H1 (January-June) of 2016 when compared to the corresponding period last year, the company’s Director-Sales for South & West Sanjeev Agarwal told The Dollar Business Bureau. “With the recent launches, we are expecting more than 32% growth in H2 of 2016. Consumers will spend more money to buy electronic goods due to the 7th Pay Commission and good monsoon in the coming festive season during September-November,” he said at LG Tech Show 2016 held for the first time in Hyderabad last week-end. To cater the festive demand in the country, LG has introduced 20 different models in TV (32”-98” ...

The Dollar Business Bureau Jivi Mobiles is planning to invest around Rs.200 crore in establishing a manufacturing plant in Lonavala having a capacity to produce 5 lakh mobiles each month. Currently, it sells roughly around 3-3.5 lakh mobile phones per month and expects to sell more than 6 lakh phones a month. The Indian mobile manufacturer aims to sell over 10 lakh phones a month by next financial year. To achieve this target, the company is going to set up a new manufacturing plant in Lonavala with an investment of Rs.180-200 crore, according to Pankaj Anand, CEO of Jivi Mobiles. At present, the company has its mobile assembly unit in New Delhi where it manufactures 3-3.5 lakh mobile phones a month. Without opting for ...

The Dollar Business Bureau The Indian mobile handsets market declined 15% in terms of overall sales in the first three months of 2015 even as the market leader Samsung managed to retain its leadership position, a study said on Wednesday. Sluggish sales registered in both smart phone and feature phone segments. However, smart phones sales declined by only 7% as compared to more than 18% in the case of feather phones segment. Of the total 53 million mobile handsets sold during the first quarter of this year, 37% (19.5 million) were smart phones, said the report released by Cyber Media Research (CMR) on Wednesday. Experts attributed the downward sales to the lack of customers’ interest in new models and change in ...