High-speed 5G network and fixed wireless service offered by Jio and Airtel will drive growth of smart television in the country, Chinese smart device maker Xiaomi's top official said. Xiaomi India President Muralikrishnan B told PTI that the second half of 2024 is going to be the biggest after a long period, starting from Independence Day to Rakhi to Onam and now headed towards Diwali coupled with the cricket World Cup tournament. "We see an amazing opportunity to gain more market share, the next three to six months is a fantastic opportunity to gain more traction in smart television. We are optimistic that Smart TV is in India," Muralikrishnan said. According to Counterpoint research, Xiaomi led the Indian smart television market with 10 per cent market share in the first half of 2023. He said it is important to have a good home broadband connection for a good smart TV viewing, especially for videos with 4K resolution. "It's a fact that many parts of the country did not have good
Super Plastronics Pvt Ltd (SPPL), a TV manufacturing company having licenses of several global brands, expects to have around 8 per cent market share of the smart TV market in the next two years, said director and CEO Avneet Singh Marwah. The company has a portfolio of five global brands, operating in the TV and appliances segment, which includes - Thomson, Kodak, Blaupunkt, White-Westinghouse and White-Westinghouse (Trademark of Electrolux). SPPL, is increasing manufacturing capacity from the current 7 lakh units to 2 million units annually with its upcoming greenfield manufacturing facility at Hapur, in Uttar Pradesh, where it is investing Rs 300 crore to set up a fully-automated plant. "We are aiming to generate a revenue of Rs 1,200 crore in the current financial year 2023-24 and Rs 2,000 crore in the next fiscal," Marwah told PTI. In FY 2022-23, SPPL had a revenue of around Rs 700 crore and sold 4.5 lakh units of smart TV. Currently, SPPL is getting the highest contribution o
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The 9XPRO line-up includes its 32, 40, 42 and 43-inch models and the price begins at Rs 10,499
Dixon led the 'Make in India' TV shipments, followed by Radiant
Amazon is offering an instant discount of up to10 per cent on purchases made using SBI and ICICI bank cards
Earlier this month, it launched its premium QD-OLED TVs, which use self-emitting quantum-dot (QD) displays and OLED technology, for the first time in select markets.
With the latest Android 10 version, the viewers will have access to unlimited content like Prime Video, Netflix, YouTube and Google Play, the company said.
In the first quarter of this year, Korean companies took up more than half of the global TV market and showed off their presence
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
The per unit cost of TVs will go up by at least Rs 2000-3000 starting April 1st, 2021
Seeks to ramp up manufacturing to meet surging demand, avoid supply crunch as seen last year
Smart TVs, like the company's phones, will be 100 per cent locally manufactured in India: CEO
India saw a record shipment of 4.9 crore smartphones in the third quarter of 2019, driven by new launches, discounts and various pre-Diwali sales channels
The move will help television manufacturers cut prices by up to 3.5%
The panel makers further said the exit of India from ICC World Cup also led to a decline in panel sales
Interestingly, the sales spurt has not been restricted to just the metros, as smaller cities such as Hubli, Jabalpur, Raipur, Ranchi, Kochi and Nagpur too have posted robust numbers