Smartphones Market

Nomura thumbs up Dixon as co starts making Google Pixel; stock hits record

Brokerages positive on stock; company expected to emerge as major player in India's smartphone manufacturing by FY27

India's smartphone exports surpasses $2 bn mark in Oct, sets new record

In 7 months of FY25, total outbound shipments breach $10 bn on the back of iPhones

Vivo to begin manufacturing in Rs 3,500 cr facility in Greater Noida

Once fully operational, this capacity can be doubled to 120 million units, said the company in its annual India Impact Report 2023

Dixon Technologies set to manufacture Google Pixel 8 smartphones in India

Local contract manufacturer Dixon Technologies said the initial batch of Indian-made devices will be available in the market by September, as trial production has recently started

Apple's Q1 smartphone shipments in China down by 19%, worst since 2020

Apple lost its crown as the biggest smartphone seller in China to rival Vivo

Make in India: Apple assembled $14 bn worth of iPhones in India in FY24

Apple now makes as much as 14% or about 1 in 7 of its marquee devices in India

Majority of feature phone users want to shift to Rs 6k-8k smartphones: CMR

Around 75 per cent of feature phone users want to shift to smartphones priced in the range of Rs 6,000-8,000, according to a report released on Friday. Poor camera quality, lack of advanced apps, and limited internet access are the key reasons triggering the need to shift feature phone users to smartphones, according the report by CyberMedia Research (CMR). CMR said it surveyed 2,000 mobile phone users across Amritsar, Bengaluru, Bhopal, Bhubaneswar, Coimbatore, New Delhi, Kochi, Nasik, Patna, and Varanasi. "Three of four users expressed interest to switch to smartphones, primarily in the Rs 6,000-8,000 price range," the report said. The survey found that Indian feature phone users spend an average of 3 hours daily on calls (87 per cent), alarms (72 per cent), and texting (62 per cent). The report found that one-third use apps like weather (47 per cent), news (34 per cent), and social media (24 per cent). "Consumers are increasingly seeking feature phones with a more premium ...

Apple tops market in revenue share, Samsung in volumes in 2023: Report

iPhone maker Apple led India market with highest revenue in 2023 for the first time while Samsung topped the chart in terms of sales volume, market research firm Counterpoint Research said on Wednesday. While India's smartphone shipments remained flat in 2023 at 152 million units, Samsung and Chinese mobile phone makers Vivo and Oppo were able to grow their shares, according to Counterpoint's Monthly India Smartphone Tracker report. "Apple's focus on India is also aiding the trend, with the brand surpassing the 10-million-unit mark in shipments and capturing the top position in revenue in a calendar year for the first time, propelled by robust demand for both its latest and older iPhones. "The opening of own retail stores and increasing focus on large-format retail through regular promotions contributed to increased offline shipments," Research Analyst at Counterpoint Research Shubham Singh said. Vivo followed Samsung with 17 per cent market share in terms of volume. "The first ha

Realme sells 100 mn smartphones in India in 5 yrs; to focus on branding now

Chinese smartphone maker Realme has surpassed 100 million smartphone shipments in India in 2023 within just five years of its inception and the brand will sharpen its focus this year on enhancing performance, photography, and design to further elevate its sales trajectory, its Vice President Chase Xu said. It caters to diverse market segment with its three series of smartphones. The C series focused on quality, design and technology at affordable price, number series targets the mid-range segment with advanced photography options and GT series positioned in high-end segment with focus on more advanced technology. In addition to product improvement, the company will focus on branding upgrading. It aims to become a tech brand that caters specifically to the needs and preferences of young consumers, Chase said in an interaction here. This dual strategy of product innovation and branding upgrades will help the company stay relevant in the Indian market. Talking about the strategy for .

Govt should not cut import duties on parts used in making smartphones: GTRI

The government should not cut import duties on electronic components used in making smartphones in the forthcoming Budget as the current tariff structure has already proven successful and changing them could harm local manufacturing, a GTRI report said on Monday. The Global Trade Research Initiative (GTRI) said that maintaining the current rates would help balance industry growth and long-term development in India's growing smartphone market. "Currently, tariffs on imported parts for smartphones in India are between 7.5 per cent and 10 per cent. The Budget should maintain these taxes. The Budget should not cut the import tariffs on parts used to make smartphones," it said, adding that the current rate of levies supports duty-free imports for making products to exports. The Budget is scheduled to be presented on February 1. The suggestion is in contrast to the demand of industry body India Cellular and Electronics Association (ICEA) that import duty cuts on mobile phone components c

Indian smartphone firms having a tough time meeting PLI targets for FY24

On the other hand, global smartphone makers Foxconn (Hon Hai), Wistron, and Samsung have been meeting their targets successfully and are likely to do the same this year as well

US biggest export destination for Indian smartphones in Apr-Jul: Govt data

India exported smartphones worth USD 4.67 billion in April-July this fiscal, following a multifold jump in shipments to the US, which emerged as the biggest destination for India-made devices, according to government data. The smartphone exports to the US jumped multiple times to USD 1.67 billion during the first four months of this fiscal against USD 284.6 million a year ago, the commerce ministry data showed. The US accounted for one-third of the shipments in value terms. The US was followed by the UAE (USD 836.36 million), the Netherlands (USD 379.3 million), the UK (USD 336.27 million), Italy (USD 245.7 million), and the Czech Republic (USD 230.25 million). Overall India's export of smartphones in 2022-23 was USD 10.95 billion. During April-July 2023-24, smartphone exports soared by 99.52 per cent over April-July 2022-23. Prior to 2022-23, the smartphone exports were non-existent, so the data was not captured. After the announcement of the Product Linked Incentives (PLI) sche

From smart phones to laptops, 206 mn obsolete devices lying with households

Disposal, recycling of e-waste continue to be a major challenge

Infinix GT 10 Pro launched in India: Check price, specs, other details here

Infinix has officially unveiled a new smartphone series in India. The Infinix GT 10 Pro debuts as one of India's most powerful smartphones under Rs 20,000

Handset production down 20% YoY, companies sitting on 10 weeks of inventory

For the period between January and March 2023, the sales went down by 18 per cent compared to the same period last year

Nothing to enable support for Reliance Jio True 5G on Phone (1) via update

The Nothing OS 1.1.5 version update is rolling out in phases, and it will be available on Nothing Phone (1) before October 24

Nearly 5.3 billion phones will join a hidden mine of e-waste this year

As countries scrutinise mineral supply chains needed to fuel the clean energy transition, one potential source is hiding in junk drawers and trash cans all over the world

Poco India sells over a mn C31 model since launch in September last year

The Poco C31 includes a 6.53-inch 60 Hz IPS LCD touchscreen, a triple rear camera system, a 5 MP front-facing camera, and a 5,000 mAh battery

Smartphone demand drops 'like a rock', 200 million less handsets this year

The SMIC predicted a gloomy outlook for consumer electronics demand, saying it sees no sign of a recovery anytime soon

Apple likely to start iPhone 13 production at Foxconn plant from April

The phones will be for both the domestic and export market