Page 19 - Electronics

Cashify acquires UniShop to empower mobile retailers across India

Re-commerce marketplace Cashify on Tuesday said it has acquired UniShop, an omnichannel retail solution platform, for an undisclosed sum

India's automotive electronics market to cross $18 bn by 2027: Report

India's automotive electronics market is expected to cross $18 billion by 2027 driven by rising income levels and increasing customer preference for in-vehicle digital experience

LME to reopen iconic trading floor, but says electronic trading is future

The floor was closed in March 2020 for the first time since World War II to allow for social distancing needed to deal with Covid-19

Domestic electronics sector set to grow 12-17% in FY22: CRISIL SME Tracker

As the economy recovers, so should discretionary spending, which again will be salutary.

CG Consumer well placed to gain share on demand recovery across categories

Improving cash flows, robust balance sheet and margin levers are other positives

Foxconn warns components shortage will last until at least next year

Apple supplier and the world's biggest contract electronics manufacturer Foxconn has claimed that the ongoing global shortage for electronic components will last until at least 2022.

No charging of electronic devices on board trains at night: Railways

The Railways has decided to disallowed passengers from using mobile charging stations onboard trains between 11 pm and 5 am as a precautionary measure against the spread of fire

B2B startup Udaan witnesses huge surge in business across Bharat

Categories such as lifestyle, food and electronics accounted for over 1,350 sellers across the country last year, says Udaan co-founder

B2B startup Udaan sees demand for electronic products rising in lockdowns

400 sellers clocked sales worth Rs 1 crore each on website for gadgets last year, says company

TV prices to rise from April as panels get costlier in global markets

Prices of LED TVs are set to rise further from April as the cost of open-cell panels has gone up in the global markets

Future iPhones may arrive with smart magnetic connectors

Apple has patented different types of magnetic smart connector systems

TV prices have soared 300% in the last eight months

The per unit cost of TVs will go up by at least Rs 2000-3000 starting April 1st, 2021

Apple-supplier Foxconn flags strong start to year as lockdowns spur demand

The firm said it expects first-quarter revenue to rise more than 15% from a year earlier

Electronic goods export peaks record high of Rs 8,806 cr for Dec 2020: ICEA

According to the India Cellular and Electronics Association (ICEA) mobile exports are 50 per cent higher compared to the pre-COVID levels

Top gear makers may warm up to Centre's PLI scheme for telecom sector

Under the PLI scheme, companies will enjoy a 4-6 per cent incentive annually across five years on their production value in India, provided they make incremental investments

Pegatron, Tata Electronics, others ink Rs 28k-crore pacts with TN govt

The project is expected to create jobs for 18,250 people, officials said

India could export Rs 8 trn worth motherboards in 2021-26: Report

India has potential to export motherboards, technically called printed circuit board assembly(PCBA), worth up to Rs 8 lakh crore between 2021-26, mobile devices industry body ICEA and EY said in a joint report. However, in the absence of government incentives and subsidies the export potential will be around Rs 29,500 crore during the five year period, the report said. India Cellular & Electronics Association (ICEA) Chairman Pankaj Mohindroo said the government is required to realise the cumulative export potential of Rs 8 lakh crore by 2026. "If support of 4-6 per cent on exports of PCBAs can be provided, by 2025-26, the cumulative PCBA export for India can be about USD 109 billion (over Rs 8 lakh crore). However, if no support is offered, the export is estimated to dwindle to USD 4 billion (around Rs 29,500 crore)," the report said. PCBA forms the base of electronic products. Mohindroo said the current size of PCBA industry in India is around Rs 2 lakh crore and it is expected

Samsung to infuse Rs 5,000 crore to expand Noida manufacturing plant

The export-oriented unit (EOU) is expected to be ready by January-February 2021 and attain commercial production by April 2021

Blue Star bags project worth Rs 128 cr from Taiwan-based Wistron Infocomm

The latest project is one of the largest, fast-track projects, being executed by Blue Star in the factories' segment

Rush for premium appliances fires up festival shopping despite downturn

Industry leaders are hoping that the extraordinary festival demand for premium products would translate into a sharp rebound that stays on