Page 2 - Mobile

At $11 bn exports , India to become global mobile device leader: Vaishnaw

With the doubling of smartphone exports from India to over USD 11 billion, the country is on its way to become global leader in the mobile devices segment, Union minister Ashwini Vaishnaw said on Wednesday. Mobile phone exports from India reached close to USD 11.12 billion with iPhone maker Apple accounting for around half of the total exports, according to industry body ICEA and estimates from industry sources. "With the doubling of exports of smartphones to more than USD 11 billion, India is well on its way to become a leader in the mobile device market of the world and play a major role in India's electronic exports. This is a major win for PM Modiji's 'make in India' programme," Vaishnaw said. India Cellular and Electronics Association (ICEA) said that mobile phones export from India have doubled to surpass Rs 90,000 crore, about USD 11.12 billion, in the financial year (FY) 2022-23 from Rs 45,000 crore in FY22. "No economy or sector in the economy can become a great and vibran

Electronics exports cross Rs 1.8 trn, mobiles alone surpass Rs 90K cr

Top exporting destinations for mobile phones include the UAE, the US, the Netherlands, the UK, and Italy

Indian smartphone shipments fall 10% YoY in CY22 to 144 mn, Q4 sees 27% dip

Dwindling consumer demand due to high inflation remained a challenge all year round despite improved supply. The ASP (average selling price) hit a record $224, up 18% YoY

Explained: Why Chinese electronics companies are getting a break in India

A small policy relaxation outside the rubric of Press Note 3 is designed to help global and domestic electronics manufacturing build a local supply chain ecosystem

Mobile, Internet usage to drive India's digital ad spend to $21 bn by 2028

The digital ad spend in the country is set to observe a muted growth in FY23 due to macro factors

Tripura govt launches mobile common service centre for benefit of people

The IT department of the Government of Tripura launched 'Mobile Common Service Centre ' today to provide services to Panchayat and interior areas where internet access is rarely available.Deputy Chief Minister of Tripura Jishnu Dev Verma, Director of IT department, Naresh Babu, Transport Minister Pranjit Singha Roy, Cultural Affairs Minister Sushant Chaudhary & Mayor of AMC were present at this event.Deputy CM Jishnu Dev Verma has flagged off 27 Vehicles today for the initial phase of the innovation. He said, "The Mobile Common Service centre is set up or installed in the Mobile Vehicle which is reachable & accessible to all & every family."All families should feel that Govt works for all regardless of barriers." As a part of this service, Computer, Printer and all accessories are available to help the people of micro interiors who fail to avail important government documents or Certificates for residing in interiors. Jishnu Dev Verma claimed that "This kind of ...

Tech firm Astrome takes high-speed internet to India's hinterlands

IISc-backed Astrome has deployed India's first indigenous technology to facilitate rural 4G and 5G connectivity for the BharatNet Project.

Paytm buyback shows firm believes shares are below intrinsic value

Paytm, India's leading mobile payments and financial services company, has informed the exchanges about its plans to buyback shares as its management believes that it will be beneficial

Thanksgiving Day online sales touch $5.3 bn in US, mobile top choice

According to Adobe Analytics, mobile devices accounted for 55 per cent of all online shopping, up 8.3 per cent from a year ago

Giving a thrust: Exports to account for 48% of nine PLI schemes

Data suggests bulk of the exports will come from largescale electronic manufacturing, which is dominated by mobiles

Indian gaming worth $2.6 bn in FY22, will grow four-fold by 2027: Report

Country has 507 million gamers and more than 900 companies in the sector

CCI order a major setback for Indian businesses, consumers: Google

'Will open serious security risks… raise mobile device costs'

Metaverse in India: The challenge of buying land and painting houses

VR headsets are gradually becoming somewhat accessible, with an Oculus Go priced at Rs 22,000. Several start-up founders say they are also developing software for laptops and mobile devices.

DoT summons mobile device makers, telecom companies to push 5G updates

The two sides play a blame game as users' search for 5G services continues

Sauvik Banerjjee, former Tata Digital CTO, joins UK's Rezolve

Banerjjee brings to Rezolve more than 22 years of experience in senior roles

5G players get ready for a long road to seamless mobile network

Operators say it could take four to five years at least to build a reasonable sized pan-India 5G network with good coverage

Led by new-gen investors, mobile trading accounts for a fifth of trades

Higher smartphone penetration and lower data charges are powering this trend, say industry players

Aiming to clock 100 mn users by end of 2023, says Flipkart's Shopsy

Flipkart's social commerce platform has over 250,000 sellers and 150 million products ranging across fashion, beauty, mobiles and home

Algo Rhythm: Indians lap up mobile lock screen content, shows data

Mobile and internet are now household essentials which reflects in the rapidly growing lock screen content consumption, the Lock Screen Trends Report, 2022, shows

New wolves of D-Street: Cheap data, millennials push up mobile trading

Easy onboarding, according to experts, is the most significant factor responsible for the rise in mobile trading