Page 3 - Mobile Phone Manufacturing In India

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

Mobile phone makers seek wage compensation, free Covid-19 tests for workers

The ICEA has written a letter to Labour Minister Santosh Kumar Gangwar requesting him to facilitate wage compensation under the sickness benefit

Smartphone makers seek 30% incentive for component manufacturing in India

The opportunity cost of starting a component manufacturing facility is the loss of revenue of around 5-9 months in the best case scenario and at worst, almost 2 years, the report said

India replaces Vietnam to become 2nd largest cell phone producer: ICA

With the rise in mobile phone production, imports of the devices in the country also reduced to less than half in 2017-18