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Lava eyes 10 pc market share in Rs 20K-25K online smartphone segment with Agni 3 launchLava International aims to capture 10 per cent market share in the Rs 20,000-25,000 smartphone segment with Agni 3. Priced between Rs 19,99...
Lava eyes 10% smartphone market share in 2 years with investment of Rs 600 cr in R&D, marketingIndian mobile devices maker Lava International aims to capture 10% market share in the sub-Rs 30,000 ($408) smartphone segment. The company...
Indian mobile phone brands Micromax, Karbonn & Lava plan a major comebackThese brands said they hope to win back market share since consumers don’t have any choice in the entry level price whereby they are forced...
Lava eyes long-term association with supply chain partners to rebuild smartphone business; bullish on 5G5G is a clear focus area for the domestic handset maker, which is investing heavily to bolster its local research and development (R&D) cap...
Lava enters LatAm mkt with Panama-based B Mobile buyoutThe move to acquire an international devices company and the licensing agreement is intended to establish better control over its supply ch...
Lava plans to launch 5G phone before Diwali, targets 20 pc share in mobile accessories segmentThe company is also looking at up to 20 per cent share in the mobile accessories segment in the next 2-3 years, Lava International presiden...
Lava IPO plan ready, firm dials up shareholders for approvalPhonemakers are expected to benefit from the PLI scheme, which offers 4-6% incentive for mobile manufacturers.
Lava holds up IPO, raising funds via rights issue at 30% premiumThe company seeks to capitalise on the incentives being offered by the government to boost local manufacturing of electronics.
Atmanirbhar focus sends LAVA shares soaring in unlisted marketThe government has been working actively on making India an alternative manufacturing hub to China and has announced production-linked ince...
Components shortage hits launch plans of domestic phone makersThe supply constraints, which started in mid-2020, have driven up prices sharply of key components such as displays, which is making it dif...
Lava launches world's first customisable smartphone developed in IndiaThe customisable smartphone series, branded as MyZ, has been developed indigenously at Lava's facility and will be available for purchase f...
Lava to raise $90m from GEM for sub-$150 segment pushGEM group will make the investment over the next 36 months through a share subscription facility, which will allow the company to sell US d...
Domestic phone-maker Lava to raise $90 million from US fund, to invest in R&DGEM group will make the investment over the next 36 months for through a 'Share Subscription Facility' which will allow the company to sell...
Local handset cos. eye global market to drive volumesAnalysts say that a better bet will be to increase focus on the under-$100 (around Rs 7,000) smartphone segment and on feature phones, whic...
Lava looks to target sub-Rs 14,000 price segment to regain market shareLava chairman Hari Om Rai told ET that the likes of smartphone market leader Xiaomi have benefited from heavy discounting in the online spa...
With surging sales, Indian handset makers like Micromax, Lava eye robust revenue growthHandset makers Micromax, Lava and Intex expect a 100 per cent year-on-year revenue growth in the year to March 2016 on the back of surging ...
Lava International to sell new brand on own online platformVishal Sehgal, co-founder & director at Lava, did not reveal name of new sub-brand but confirmed that its launch & that of e-commerce site ...
Lava, Intex likely to launch Android One devices in early 2015Lava and Intex are likely to offer different specifications such as larger screens and better camera quality at wider price points.
Lava to launch Android KitKat based smartphone for under Rs 8,000Though no specific date of launch was disclosed, the statement said Lava "plans to launch the phone in the next few days" with a pan-India ...
Karbonn, Lava to launch windows-based devices in few monthsDomestic handset players Lava and Karbonn will launch Windows-based smartphones in the coming few months.