Page 2 - Mobile Phone Manufacturing In India

Good news: As input costs drop, TVs and mobile phones may get cheaper

The decline in input costs is also expected to help manufacturers increase their profit margins

PLI scheme for mobile production led to 20% value addition, says govt

Of the $101 billion electronics production in FY23, smartphones constituted $44 billion

Vivo to invest Rs 1,100 cr to ramp up mfg capacity in Greater Noida

Smartphone maker vivo on Thursday said it will invest Rs 1,100 crore more by the end of 2023 to scale up its manufacturing capacity in the country, and that production in its upcoming unit at Greater Noida is expected to commence by early 2024. vivo India also said it is "on track" to export more than one million 'Made in India' smartphones in 2023, having sent its first 'made in India' smartphone shipment to Thailand and Saudi Arabia during 2022. As part of its Rs 7,500-crore proposed investment plan it had outlined, vivo is on its way to complete the first phase investment of Rs 3,500 crore by the end of 2023. "vivo India has already invested Rs 2,400 crore, and a further Rs 1,100 crore is expected to be invested by the end of 2023 to increase its manufacturing capacity and support the government's vision of making India a global export hub," the company said in a release. The company released the second edition of its India impact report, as it pledged its "unwavering commitment

Father of cellphone sees dark side but also hope in new technology

Holding the bulky brick cellphone he's credited with inventing 50 years ago, Martin Cooper thinks about the future. Little did he know when he made the first call on a New York City street from a thick gray prototype that our world and our information would come to be encapsulated on a sleek glass sheath where we search, connect, like and buy. He's optimistic that future advances in mobile technology can transform human lives but is also worried about risks smartphones pose to privacy and young people. My most negative opinion is we don't have any privacy anymore because everything about us is now recorded someplace and accessible to somebody who has enough intense desire to get it, the 94-year-old told The Associated Press at MWC, or Mobile World Congress, the world's biggest wireless trade show where he was getting a lifetime award this week in Barcelona. Besides worrying about the erosion of privacy, Cooper also acknowledged the negative side effects that come with smartphones

Manu Kumar Jain exits Xiaomi group after 9 years long association: Details

Manu Kumar Jain announced his exit from Xiaomi group with a social media post, adding that he will take some time off before rejoining the Indian startup ecosystem with "another fulfilling challenge"

Govt clears Rs 357 cr for Foxconn under PLI scheme for phone manufacturing

The PLI for large-scale electronics manufacturing sector launched with an aim to make India a competitive destination for electronics manufacturing

Select OnePlus phones from 2023 and onwards to get 4 major Android updates

OnePlus has announced that it will offer four generations of OxygenOS and five years of security updates on selected smartphones from 2023

India as the world's factory: China may be in denial

It is interesting that the myths around the influence of Confucianism on Southeast Asia come not from Chinese scholars but from futurologist Hermann Kahn

India eyes $550 million incentives to woo companies like Apple, Dell

The technology ministry has floated the revamped program to electronics industry executives for consultation, including payments that could exceed a half a billion dollars per company

Vivo's parent firm, BBK Electronics, owns 40% of India's smartphone market

Vivo India's share jumped from 10% in 2017 to 15% in 2021; sister concern Realme's quadrupled in last 4 years

Electronics firms to extend production cuts till August amid low demand

Consumer electronics inventory has piled up as consumers are holding back their discretionary spending, a report said

Asus launches ROG Phone 6, ROG Phone 6 Pro gaming smartphones: Details here

From AMOLED screen of 165Hz refresh rate to IPX4 rating and Qualcomm Snapdragon 8+ Gen 1 SoC, the Asus ROG Phone 6 and ROG Phone 6 Pro bring several upgrades. Here are the details

Mobile phone export jumps over 3-fold to Rs 4,300 cr in Jun quarter: ICEA

India's mobile phone exports jumped over three-folds to Rs 4,300 crore during the April-June 2021 quarter, showing signs of recovery and growth in the segment, ICEA said

Car, phonemakers may have to wait longer for chips, thanks to bitcoin

The shortage is creating havoc for mobile device manufacturers who are getting less than 30-40 per cent of the normal requirement of chips

Mobile phone production down 50% amid a relentless second Covid-19 wave

Slowdown visible since late February, says IDC

Return of rent-seeking

PLI schemes have already set off the expected lobbying

Addressable market for OEMs likely to be over Rs 10 trn by 2025: Report

The addressable market for components manufacturers after deducting the conversions cost, handling charges, margins, etc is estimated at around Rs 6.5 to 7.5 trillion

Karnataka's industrial policy to push mobile production to Rs 30K cr: ICEA

The new industrial policy provides for reimbursement of stamp duty and registration charges, reimbursement of land conversion fee, power tariff reimbursement and exemption from electricity duty

Samsung plans producing Rs 3.7 trn worth mobile phones in India over 5 yrs

People aware of the discussion said the company will be manufacturing smartphones worth Rs 2.2 trillion, priced above Rs 15,000 per unit, under the production-linked incentive (PLI) scheme

Relaxations in lockdown norms, new business models boost smartphones sale

Smartphone industry seems to be limping back to normalcy as sales are picking up at both online and offline market segments