Page 2 - India Smartphone Market

Multi-brand retail chain Big-C mobiles eyes Rs 1,500 cr turnover in FY24

Hyderabad-based multi-brand mobiles retail chain Big-C mobiles has set a target of Rs 1,500 crore as turnover in the current financial year, said company's founder, chairman and managing director M Balu Chowdary. The company had achieved Rs 1,000 crore turnover in FY2022-23. Big-C mobiles, which currently has 250 outlets across Telangana, Andhra Pradesh and Tamil Nadu, in a release said it plans to open 150 new outlets in two years with investment of around Rs 300 crore. "We are aiming at taking the outlet count to 400 by opening 150 new outlets in two years with investment of around Rs 300 crore. We are also growing our portfolio of products beyond mobiles and introducing more and more electronics and gadgets. We will enter more markets. We have a strong 3 crore customer base," Chowdary said. "Big-C started its operations on December 23, 2002. We have successfully completed two decades by achieving market leadership in mobile retailing in Telangana and Andhra Pradesh. We will ...

From Lava to Karbonn: Indian smartphone brands aiming to make a comeback

The Indian smartphone brands are looking to fill the vacuum created in the sub-Rs 10,000 segment

With demand for handsets, POCO India eyes 75-80% business growth in 2023

Smartphone player POCO India expects a 75-80 per cent year-on-year jump in business in 2023, mainly due to demand for its handsets in the medium and economy segment, a top company official said on Monday. POCO India Country Head Himanshu Tandon told PTI that as per market research firm Canalys, the overall smartphone market in India has declined 10 to 15 per cent and online sales dropped 20 per cent, but Xiaomi's sub-brand has emerged as the fastest growing online label, with a 68 per cent jump in sales for the March 2023 quarter. The launch of three models in the C-series under Rs 10,000 and X5 Pro in the price range of Rs 20,000-25,0000 segment fuelled the company's growth in the first quarter of 2023, he noted. "It's the start of the year, and we have taken very aggressive targets. From a YoY perspective, we want to have 75 to 80 per cent growth compared to last year," Tandon said. He said the first quarter has been on track with 68 per cent growth, and preliminary numbers for t

5G smartphone shipments grow 14% YoY in India in Q1 2023, says report

In addition, India's smartphone market shipments declined by 21 per cent (year-on-year), during Q1 2023

Smartphone shipments in March quarter fall 19% to hit record low: Report

This was the highest ever Q1 decline seen by the country's smartphone market

India's smartphone market nosedives 20% in Q1 as 2023 remains challenging

Amid sluggish consumer demand, the Indian smartphone market witnessed the first-ever Q1 shipment decline of 20 per cent (year-on-year), a new research has shown

Alongside its Flip 5, Samsung to soon unveil tri-foldable smartphone

Tech giant Samsung will reportedly unveil a new tri-foldable smartphone, alongside its upcoming Galaxy Z Flip 5 and the Galaxy Z Fold 5 devices

Internet blues for media

The fall in internet growth has consequences for both advertisers and digital businesses. For one thing, life will remain uncertain for them till the numbers start rising

India to get more Apple suppliers as iPhone production picks up: Experts

iPhone-maker's expansion plans seen boosting companies looking to get users for their chips and components

Mobile industry agrees for phased roll-out of uniform device chargers: Govt

Smartphone companies and industry organisations have agreed to a phased rollout of a uniform charging port for all electronic devices, the Consumer Affairs Ministry said on Wednesday. A sub-group will be set up to examine the feasibility of uniform charging ports for wearables, it said. This was decided during a discussion in the meeting of the inter-ministerial task force chaired by Consumer affairs secretary Rohit Kumar Singh here. The representatives of industry associations such as MAIT, FICCI, CII, educational institutions, including IIT Kanpur, IIT (BHU), Varanasi as well as the central government ministries, including the Environment Ministry, attended the meeting. "Stakeholders agreed that a phased roll-out of the common charging port may be conducted so that the same can be applied by the industry and adopted by consumers harmoniously," an official statement said. In the meeting, a broad consensus emerged among stakeholders on the adoption of USB Type C as a charging por

Nokia set to launch its G60 smartphone in India; prices yet to be revealed

Nokia also announced the X30 last month alongside the G60, but it's unclear if that one will debut in India with the G60

Phone maker Lava eyes electronics manufacturing venture with China's Huaqin

The pact would give the closely held companies heft as they seek to take on rivals such as Foxconn Technology Group

OPPO A77s, OPPO A17 launched in India: Price, features, and more

OPPO A77s and OPPO A17 will be available across online and retail outlets for Rs 17,999 and Rs 12,499, respectively

India's offline market for smartphones grew 44% in H1 2022: Report

Sale of smartphones priced above Rs 20,000 has increased more than two-fold in five years

iPhone 14 production cut may not impact Apple's India plans: Experts

More than 7 million iPhones expected to be sold in the country in 2022, demand dip unlikely: Report

Get ready to cruise over 150-200 mbps download speed on 5G highway

Will later stabilise at around 60 mpbs when subscriber number swells to 100 million or more

Does Apple's latest Emergency SoS feature make it a must-have device

Satellite connectivity is likely to be a challenging game for smartphone manufacturers

Premium smartphone demand in smaller cities up 40% in Jan-July: Flipkart

E-commerce website records over 60% growth in new smartphone launches by premium brands

Should India exclude Chinese from the sub-Rs 10K 5G device category?

Telecom firms and others are concerned that such a move could stymie the effort to build affordable 5G phones in the sub-Rs 10,000 category

Will banning cheap Chinese phones make India a handset-making hub?

The govt is planning to revive the domestic mobile device industry, by reserving the sub-Rs 10,000 phone category for domestic players only. So what will be the impact of such a move? Let us find out