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Sebi issues summons to investor Jhunjhunwala, some family members and Aptech directors.
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XIAOMI PHONES

Vivo to launch iQOO premium phone in Feb in India

The brand, which has focused on the Chinese market, is planning to expand presence to more markets. The global expansion would begin next month, when it would launch its first flagship phone in India, Android Central reported on Friday.

Starved of openings, Chinese Cos cross Great Wall to India

Fewer Chinese startups going public, uncertainty after trade spat with US & soberi...

Mobile phone services in Kashmir now restored

On Saturday, hours after low-speed mobile internet was restored in Kashmir, authorities again s...

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  • 2019 saw some major innovations in the smartphone segment. After a happening year as far as smartphone launches were concerned, 2020 is expected to witness a lot more competition in innovation as well as on the design front. ET Wealth lists 5 such trends.

    Rejig of top deck in the country comes at a time of intense competition in its product segments

    The new thermal management method could keep electronics cooler.

    The change in Indian operation comes on the heels of Samsung rejigging its global top management team earlier this month which included change of the global mobile business chief and 162 executives who earned promotion in an annual reshuffle exercise.

    Xiaomi and Samsung increased their respective market shares after the festive season from September till November 2019, while BBK Electronics-led Realme became the only brand which lost significant market share for the same period, according to IDC data.

    Vagadia said that despite the stress on the Indian telecom sector, the handset market has grown last year in India and is slated to grow just below 10% in calendar 2020 too. “Economies of scale are helping brands that are driving volumes, which is helping the market,” he said.

    “Due to availability of better performance devices, the smartphone market in India has matured, with people holding on to their devices for longer periods. This is the primary reason for slow growth,” said Karan Chauhan, analyst at Counterpoint Market Research.

    Chinese firms created massive ripples at a time when US giants like Amazon and FB/WhatsApp face political heat.

    Mobile phone services were snapped in Kashmir on Sunday as a precautionary measure for ensuring smooth passage of Republic Day celebrations in the valley, officials said.

    iQOO is a sub-brand of Vivo in China but will operate in India as a separate entity. With this, the BBK Group now has five brands -- OnePlus, Vivo, OPPO, Realme and iQOO -- in India. iQOO - which stands for 'I Quest On and On' - will sell its device online initially, and is drawing out plans for offline retail. The company has set up its office in Bengaluru and has an 80-people team.

    Chinese company, iQOO is set to enter Indian markets with 5G phones in early February this year, aiming to sell one million units in 2020 through the online channel initially. The company will launch 5G and 4G variants of its latest premium smartphone featuring high-end specifications, said director of marketing at iQOO.

    ​​The digital payments player said on Thursday that more such partnerships with a range of financial companies may be in the offing in the coming months in order to further diversify its service catalogue.

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