Page 2 - Mobile Handsets

Six changes in tax rules that come into effect today

Today is first day of the financial year 2020-21, and with new year come new tax rules. Here are the six changes that come into effect from today

High-end phone smuggling is costing govt exchequer Rs 2,400 crore annually

As a result of this rampant smuggling, the government loses Rs 2,400 crore annually

Reduction of handset export incentives to 2% will lead to job losses: ICEA

Mobile handset exports grew over eightfold to Rs 11,200 crore in 2018-19

Govt task force to draw up $110-bn mobile export business blueprint

Nearly 60% of the market is made up of exports by the companies

What makes Xiaomi beat Samsung again, JioPhone the king of feature phones

In the smartphone segment, Xiaomi maintained its lead with 32.1% in the first three months of 2018, followed by Samsung (26%), vivo (6%), OPPO (6%), and Honor (3%)

Despite mega announcements, Made in India mobile handsets still a promise

On last count, some 120 odd mobile devices and component manufacturers have committed over Rs 450-billion investment to manufacture in India

Govt announces phased manufacturing programme for mobile handsets

Domestic value addition in manufacturing of smartphones to go up from 10% to 26%

Only Chinese handset vendors to increase market share among top 5 globally: Gartner

Huawei, Oppo and BBK Communication Equipment together accounts for 21% of the smartphones sold to end users worldwide in the Q3

Now, get ready to pay more for colas, bottled water, mobiles

Carbonated soft drinks, bottled water and mobile handsets could become costlier soon, in the aftermath of Finance Minister Arun Jaitley's second full-term budget on Monday.BeveragesA three percentage point increase in the excise duty on "waters, including mineral waters and aerated waters, containing added sugar or other sweetening" from 18 per cent to 21 per cent will lead to price hikes across the product line. The industry, struggling to cope up with slowdown in demand, will not be able to absorb the increase, sources say.Coca-Cola India is planning to increase the price of its 200 ml glass bottles by Re 1, taking the market price to Rs 13. For larger PET bottles, the hike will be between Rs 2 and Rs 9, depending on the pack size. The industry had to cut production last year during peak summer and further price hikes may affect sales in 2016."The growth of the industry suffered significantly in 2015 and this hike will have a serious impact. The industry provides direct and indirect