India to gain from China's decline in smartphone output: Report
Export of iPhones, smartphones, tablets, laptops from India to the US will be cheaper by 20 per cent compared to those shipped from China following the exemptions given by the Trump administration, industry body ICEA said on Sunday. The US government on Saturday amended its tariff order to exempt smartphones, tablets, laptops, and some other electronic devices from the new taxes. "China still has 20 per cent of iPhones, laptops, tablets, and watches. Only reciprocal tariff has been removed for China. India has zero tariff on iPhones and all smartphones, laptops and tablets exported to the US. Vietnam also has zero tariff on all Samsung and other smartphones, laptops and tablets exported to the US. So India and Vietnam are similarly placed on tariffs on these products and both enjoy a 20 per cent tariff advantage over China," ICEA Chairman Pankaj Mohindroo told PTI. India Cellular and Electronics Association represents major smartphone companies and their manufacturers, including ...
In many other countries, including Saudi Arabia, Brazil, Turkiye, Egypt and the UAE, the US has imposed a reciprocal duty of only 10 per cent
The company reported a 48.8 per cent rise in fourth-quarter revenue to 109 billion yuan ($15.1 billion), beating the 103.94 billion yuan average of 17 analyst estimates compiled by LSEG
Huawei on Tuesday held a global launch for the industry's first tri-foldable phone, which analysts said marked a symbolic victory for the Chinese tech giant amid US technology curbs. But challenges over pricing, longevity, supply and app constraints may limit its success. Huawei said at a launch event in Kuala Lumpur that the Huawei Mate XT, first unveiled in China five months ago, will be priced at 3,499 euros (USD 3,662). Although dubbed a trifold, the phone has three mini-panels and folds only twice. The company says it's the thinnest foldable phone at 3.6 millimetres (0.14 inches), with a 10.2-inch screen similar to an Apple iPad. Right now, Huawei kind of stands alone as an innovator" with the trifold design, said Bryan Ma, vice president of device research with the market intelligence firm International Data Corporation. Huawei reached the position despite not getting access to chips, to Google services. All these things basically have been huge roadblocks in front of Huawei,
Nothing is planning to launch its flagship Phone 3 in 2025, while successors to the Phone 2a and Phone 2a Plus are also in the works
The global smartphone market rebounded strongly after two years of decline, with Chinese smartphone companies rapidly expanding their market share
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching USD 49.2 billion and exports at USD 15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds. However, a few industry groups are pushing for further import tariff cuts on smartphone components in the Union Budget for FY26. The Global Trade Research Initiative (GTRI) warns that this could harm India's growing local manufacturing ecosystem and long-term ambitions in electronics. "Instead of cutting tariffs, GTRI recommends setting up component hubs near ports to reduce import delays and warehousing costs. This approach, used by countries like Vietnam and China, wou
The US company's smartphone sales in China still slipped 0.3 per cent during the third quarter from a year earlier, while Huawei's sales surged 42 per cent, according to research firm IDC
The processor may help Xiaomi be more self-sufficient and stand out in an Android market led by Qualcomm customers
While Android continues to be the more popular smartphone platform in the country, iPhone has gained a stronger foothold among premium buyers
Apple Inc exported iPhones worth $10 bn from India in FY24, a fifth of what Samsung achieved last year in Vietnam
Samsung, prioritising its flagship Galaxy S series and enhancing its value-driven portfolio, led the market by value with a 23 per cent share
E-commerce platforms experienced a slow start to their annual festive sales, which began on September 26, but demand picked up after Navratri as consumers received their paychecks
Tech giant Google views India as an exciting market and believes the country has huge growth prospects in the premium smartphones segment, a top official said on Tuesday. Google Mobile Business Vice President Nanda Ramachandran, speaking on the sidelines of the Made By Google event here, described India as a "fantastic growing market", asserting that the premium smartphone segment in the country is poised to outpace many of Google's other major markets. "India is a fantastic growing market and we believe that the premium smartphone market in India will exceed pretty much any top markets that we play in, and we want to be a strong player in that market," Ramachandran told PTI. Speaking further about the company's commitment to India, he noted that a successful strategy hinges on optimising its product portfolio to meet local demands. "India is one of the most exciting countries in our footprint right now, and we are fully committed. For us to succeed in India, the first thing we hav
Large-scale international assessment data suggests a negative link between excessive use of technology and student performance, yet less than one in four countries have banned smartphone use in schools, according to the Global Education Monitoring (GEM) report. The report on "Technology in education" published by the United Nations Educational, Scientific and Cultural Organization (UNESCO) has flagged that assessment data has found that mere proximity to a mobile device distracts students and has a negative impact on learning. An expert from the UN's Education team told PTI that too much attention on technology in education usually comes at a high cost, and technology, including smartphones, should only be used in class when it supports learning outcomes. "The adoption of digital technology has resulted in many changes in education and learning. The set of basic skills that young people are expected to learn in school, at least in richer countries, has expanded to include a broad ..
India's smartphone shipments fell two per cent year-on-year in June quarter, hurt by the heatwave and slower demand, as per a report by global research firm Counterpoint that showed Xiaomi reclaimed top spot in volume share and Samsung led in value terms. Notably, 5G smartphones captured their highest-ever share of 77 per cent in the overall shipments, according to Counterpoint's Monthly India Smartphone Tracker. Another key takeaway was that India's smartphone market hit its highest ever Q2 value, driven by the ongoing trend of premiumisation. "India's smartphone shipments fell 2 per cent YoY in Q2 2024 (April-June)," it said. The decline was influenced by a heatwave, a seasonal slump, and slower demand from Q1 2024. "In response, OEMs (Original Equipment Manufacturers) hosted sales events in Q2 to clear inventory, leading to a reduced sell-in and a period of degrowth," it said. On the market's volume dynamics, Senior Research Analyst Shilpi Jain explained that heatwave conditio
A Canalys report found that four out of India's top five highest smartphones shipments came from Chinese brands - Xiaomi, vivo, realme, and OPPO. Korea's Samsung ranked third
Samsung views India as a crucial market with Noida and Bengaluru becoming one of its biggest R&D centres, and is in talks with Indian component partners to strengthen its operations, a senior official said. Samsung Electronics President and Head of Mobile eXperience (MX) Business TM Roh was speaking at a media roundtable here on the sidelines of Samsung Unpacked 2024. "The Indian market is very important to Samsung. We have operated the manufacturing facility since 1996, and we also have R&D centres in India. Noida and Bengaluru R&D centres have become one of the biggest R&D centres of Samsung and MX business. "They are busy developing flagship products as well as contributing to the development of Galaxy AI technologies," Roh said, adding that these collaborations and efforts will continue in the future. In January this year, Roh termed India as one of Samsung's important manufacturing bases and said that the Korean electronics major will start manufacturing laptops ..
Global smartphone shipments rose 6.5 per cent, according to IDC, while sales to consumers jumped 6 per cent, per Counterpoint Research figures