Smartphone retailers urge brands to end zero-cost EMI schemes to make handsets more affordableThis is because zero-interest payment plans cost smartphone brands 17-19% of the product price which they bake directly into retail price o...
Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
Flipkart ordered to pay Rs 38,000 after buyer finds mobile phone warranty started eight months before deliveryA Kerala consumer commission has ordered Flipkart to pay Rs 38,990 to a Kannur woman after finding that the Xiaomi phone delivered to her i...
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
India's smartphone shipments fall 10% in Q2, biggest June-quarter drop in six yearsIndia's smartphone shipments saw a significant ten percent decline year-on-year. Rising memory prices forced brands to increase handset pri...
Income Tax tribunal extends stay on Xiaomi India's Rs 10,833 crore tax demandThe Income Tax Appellate Tribunal has extended a significant tax demand stay. This stay now covers approximately ₹10,833.22 crore for Xiaom...
BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
Samsung in rejig mode to boost India play: Company to remove overlapping functions across TV & home appliances unitsSamsung is restructuring its Indian operations to improve profitability in home appliances. This move follows pressure from slowing smartph...
Atharva Polyplast, Seemax Resources among 6 SME IPOs set to debut on bourses today. Check detailsSix SME IPOs are set to debut on the stock exchanges today, with Atharva Polyplast, Seemax Resources, Sampark India Logistics and Kratikal ...
GoDaddy warns India's fake website crackdown could make internet less safeGoDaddy warns India's crackdown on fake websites could endanger legitimate businesses globally. New court orders mandate releasing buyer de...
Indian electronics manufacturers forge more and more partnerships with companies from South Korea, Taiwan, JapanIndian electronics manufacturers are forging alliances with firms from South Korea, Taiwan and Japan, alongside exploring standalone initia...
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine ChinaChinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid...
Smartphone brands brace for 9-10% festive sales drop as higher prices dampen demandSmartphone sales are projected to dip by 9-10% this festive season as rising handset prices dampen consumer demand. Brands are strategizing...
Xiaomi plans entry into large home appliances in India as smartphone shipments declineChinese smartphone maker Xiaomi is set to enter India's large home appliances market. This move comes as smartphone shipments decline. The ...
Xiaomi India charts post-Anuj Sharma roadmap with South Asia headquarters push and large appliances expansion planThe company reported strong gains in premium smartphones, tablets and TVs, outlined plans to enter large appliances, and announced leadersh...