Chinese smartphones sell in India, but no takers for their fintech apps
Mi Pay and Realme PaySa recorded 4,80,000 and 10,000 monthly UPI transactions throughout 2020. That compares with PhonePe's 902.3 million and Google Pay's 854.49 million transactions in December alone.
Dixon Technologies arm inks deal with HMD India for manufacturing Nokia smartphones
"Dixon's wholly-owned subsidiary - Padget Electronics, ha...
Chinese smartphone companies find going tough in fintech space
Xiaomi, Oppo and Realme, which launched their fintech apps Mi Pay and Mi Credi...
China's Huawei in talks to sell premium smartphone brands P and Mate: Report
The talks between the world's largest telecommunications equipment maker and a consortium led by Shanghai government-backed investment firms have been going on for months, the people said, declining to be identified as the discussions were confidential.
India 5G smartphone shipment to touch 38 million units in 2021: Counterpoint
"Q1 2020 witnessed the first 5G smartphone launch in India. However, high prices and non-availability of 5G networks ensured slow pick-up in 5G smartphone sales. Things started changing after the launch of the mid-priced OnePlus Nord in August 2020," the report said.
LG Velvet review: Highly innovative design enhances functionality
However, we noticed some lags while navigating.
Smartphone brand Realme says India production back to 90%
“Our factory production has been scaled up to 90% normal rate as our workers have returned to the factory with all necessary precautions and we are trying to meet the demand in the market,” said Sheth.
India's smartphone market is set for double-digit growth in 2021
Anaysts say while India's smartphone market achieved sizeable penetration two years back, 2021 will see the replacement cycle mature, which will be the major contributor to growth.
Premium smartphone battle to get aggressive in India with Apple’s iPhone 12 series launch: Analysts
Established brands like Samsung and OnePlus will be more aggressive in their approach leading to a fierce battle with Apple.
OnePlus investing Rs 100 crore to build offline network in India; launches 8T smartphone
China's OnePlus currently has 5000 points of sales, including larger modern trade retail shops through 14-15 partners like Reliance Digital, Vijay Sales, Sangeetha Mobile among others. In terms of general trade, it is present across 3000 shops in over 800 cities.
Apple to clock high yearly growth in smartphone shipments in 2020
Apple is set to clock a 16-22% on-year growth in smartphone shipments in India in 2020, sharply higher than a 4% rise in 2019 and a 44% fall in 2018, driven largely by the older generation of its iPhones like XR and 11 and the latest iPhone 12 mini, say analysts.
Import duty levy may impact smartphone prices, says LG
Beginning October 1, the Central government levied 10% basic customs duty on imports of display assembly, touch panel/cover glass assembly, despite industry request to defer the levy by a year as these components are not made in India yet.
Smartphone imports fall, exports rise as local production ramps up
As per data released by the Ministry of Commerce (MoC) on Tuesday, smartphone exports in the month of August totalled Rs 1781.1 crore by value, higher than March's Rs 976.3 crore. Imports, though, were Rs 1050.1 crore, far higher than March's Rs 13.4 crore.
Nokia launches two affordable smartphones
The Nokia 3.4 comes with triple rear cameras as well as sports a hole-punch display design, while the Nokia 2.4 comes with a waterdrop-style display notch and houses dual rear cameras.
Watch: LG confirms upcoming smartphone named as Wing
LG has confirmed its upcoming phone will be called Wing and will be revealed at its announcement event on September 14. According to The Ver...