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| 05 December, 2020, 11:16 AM IST | E-Paper
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    Electronics

    Industry seeks sops for PCBA, says $109 billion opportunity

    This presents a domestic market of $87 billion and export opportunity of $109 billion. Currently, the major players in India’s PCBA manufacturing are Foxconn, Jabil, Flex, Sanmina, HiPad and Samsung while Wistron is expected to start PCB assembly this year.

    India has $100-billion export potential in PCBA: ICEA-EY study

    The report cites that a PCBA is at the core of every electronic device such as mobile phones, tablets, computers, routers, televisions, washing machines, refrigerators and air conditioners. Moreover, PCBAs constitute a significant portion of the cost of an electronic device and ranges from 10% to 50% of the bill of materials.

    India could emerge as alternative for investment in electronics in near to medium term: Report

    The report said countries such as China, Malaysia, Vietnam and Indonesia are low cost manufacturing destinations and manufacturers in these regions have an edge over Indian companies.

    Samsung may discontinue high-end Galaxy Note smartphones: Report

    The Galaxy Note, known for its large screen and a stylus for note-taking, is one of two Samsung premium phone series - the other being the more compact Galaxy S which draws in consumers with its state-of-the-art parts.

    Slight dip in e-comm sales contribution with stores opening up: Croma

    Tata-owned electronics and smartphone retail chain Croma has seen decline in sales contribution from its e-commerce platform after more of its stores opened up, said chief marketing officer Ritesh Ghosal.

    Handset makers want a 2-3 month extension on PLI targets amid supply crunch, pandemic

    In early October approved the government cleared 10 companies to avail of benefits under the production-linked incentive or PLI scheme – five foreign firms including two units of Foxconn, Wistron, Pegatron and Samsung and Indian companies Lava, Micromax, Karbonn, Dixon and Optiemus.

    India wearables mkt sees 165 pc growth; shipments touch 11.8 mn units in Q3:IDC

    "In the last few quarters, wearable devices have become more affordable with the average selling price of watches coming down to USD 111 in Q3 2020 compared to USD 175 in Q3 2019. This is enticing consumers to upgrade from wristbands to watches," it added.

    iPhone maker Wistron to invest ₹900 cr more in its Karnataka facility

    This is over and above the Rs 1,947 crore investments the company had announced last year. The revised plan is expected to add 8,000 jobs, in addition to the 10,000 employment target it had previously set, according to a senior government official.

    Imports of 230 electronics products, mostly China made, delayed pending quality clearances

    According to data from the Bureau of Indian Standards (BIS), some of the applications for import of these models being manufactured in China are pending even from September.

    India TWS market grows 723 pc to 6 mn units in Q3 2020: Counterpoint

    The growth was led by Boat, which cornered 18 per cent market share. This was followed by Xiaomi (16 per cent), Realme (12 per cent), JBL (8 per cent) and Apple (6 per cent).

    India import hurdles hit Apple iPhone, Xiaomi devices from China: Sources

    India import hurdles hit Apple iPhone, Xiaomi devices from China: Sources

    BIS started delaying approvals in August for China-made imports of devices like smartphones, smartwatches and laptops, part of the fallout from deteriorating ties with China after a border clash in June that left 20 Indian soldiers dead.

    Xiaomi sees huge potential in India over five years due to high feature phone base, says CEO

    Xiaomi sees huge potential in India over five years due to high feature phone base, says CEO

    Addressing analysts during the company’s July-September quarter earnings call on Tuesday, Xiaomi's Chairman and CEO Lei Jun said the Indian smartphone market is about 130-50 million units every year with another 150 million feature phones.

    Post-Diwali sales drop leaves smartphone companies with mixed feelings

    Post-Diwali sales drop leaves smartphone companies with mixed feelings

    Smartphone sales likely fell as much as 25% in November and may decline further in December, according to Counterpoint Technology Market Research. Month-on-month sales usually fall right after Diwali, but the downside this year could be sharper given that peak demand in the lead-up to the festival was the highest, analysts said.

    Smartphone demand slumps 20-25% since Diwali

    Smartphone demand slumps 20-25% since Diwali

    Market Intelligence firm Counterpoint is estimating a 20-25% drop in November and further decline in December. Month-on-month sales is usually down straight after Diwali, but the downside this year could be sharper given that peak demand in the lead up to the festival was the highest ever, analysts say.

    Panasonic sales in FY20 fall in India for third year in a row

    Panasonic sales in FY20 fall in India for third year in a row

    Panasonic India’s revenue fell 9% to Rs 4,338 crore in FY20 from a year earlier, while net loss widened to Rs 490 crore, according to the latest regulatory filings with the Registrar of Companies. The company’s revenue touched a peak of Rs 5,590 crore in 2016-17, when it was profitable, too.

    Counterfeit products worth Rs 33.3 lakh seized in Bengaluru, Chennai, says Xiaomi India

    Counterfeit products worth Rs 33.3 lakh seized in Bengaluru, Chennai, says Xiaomi India

    As a part of the company's proactive anti-counterfeit programme, a complaint was filed with the local police station, and raids were conducted in the market in the months of October and November, a statement said.

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