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Global smartphone market faces record annual decline as chip crunch worsensThe global smartphone market faces its biggest annual drop ever. Shipments are expected to fall by nearly 14 percent this year. This is due...- OnePlus, Xiaomi among firms trimming marketing and sales roles in India amid cost pressureSmartphone companies are reducing staff in marketing and sales. Rising costs and slower sales are pushing brands to cut expenses and focus ...
- Waiting for your dream phone to get cheaper? That moment may never comeSmartphone prices are no longer dropping predictably. The demand for AI chips is causing component costs to surge. This means phones are la...
- Dixon Tech Q4 profit falls 36% despite revenue growth and expansion plansDixon Technologies reported a sharp decline in quarterly profit due to weak consumer demand, rising component costs, and the end of PLI ben...
- Chinese professionals back in India on warmer tiesChinese professionals are returning to India in growing numbers for business. Companies like Oppo, Xiaomi, and Midea are sending executives...
- Dixon Technologies expands to meet surging mobile & IT hardware demandDixon Technologies foresees robust revenue growth driven by heightened demand for mobile phones and IT hardware. The company has expanded i...
- Dixon to buy majority stake in Transsion manufacturing unitDixon Technologies, India's top contract manufacturer, plans to acquire a majority stake in Ismartu India, a manufacturing unit of Chinese ...
- Dixon eyes India unit of China handset maker Transsion HoldingsThe talks come amid greater scrutiny of Chinese firms operating in the handset ecosystem. The Centre wants Indian companies and executives ...
- Apple overtakes Samsung as top seller of smartphonesApple ended Samsung Electronics' 12-year run as the largest seller of smartphones in the world, after commanding a 20% share of the market ...
- Tecno aims to break into the top five smartphone brands: Transsion India CEO“By the end of this year, we should be getting over 7% of the market share. And, maybe we will have a more significant number… we're certai...
- ‘Long tail’ smartphone brands flex muscles as bigger rivals stutterIndia’s consumer market is experiencing rising demand for luxury tech brands like Apple and OnePlus, as well as cheaper devices from budget...
- Chinese mobile firms talk to Indian makers with PLI nodA senior industry official said Chinese handset brands such as Xiaomi, Oppo, Vivo and Transsion were in talks with the likes of Bhagwati (M...
- Transsion looks to set up industrial park in IndiaThe company is looking at 40-50 acres and is talking to different states, where mobile phone accessories under the Oraimo brand will be mad...
- Transsion’s Infinix to open global R&D center in India; in talks with component makers to start India operationsInfinix’s India CEO Anish Kapoor said that the company is aiming to capture 8-10% online market share by 2018 calendar end.
- China's Transsion in talks to tie up for JioPhoneItel, which is among the top three players in the feature phone segment in India, is part of the Transsion Group that also sells handsets u...
- Chinese phone maker Transsion Holdings eyes top three slots in Indian marketTranssion is one of the relatively newer and successful Chinese mobile phone maker to enter India after attaining market leadership in Afri...
- Spice to re-enter phone race, forms JV with China's TranssionThe Spice-Transsion JV will sell feature and smartphones in India. Starting next month, about 10 devices will be launched over the next six...
- Chinese firm Transsion to launch its Tecno smartphones in IndiaTranssion had launched its 'itel' brand in India last year and is now exploring the potential of launching its third brand -- Infinix -- in...
- Transsion Holdings to shift manufacturing base to IndiaChina’s Transsion Holdings, the largest handset player in Africa, plans to shift phone manufacturing from the continent and China to India.
- Tecno to enter India in Q2, plans to locally manufacture handsetsTranssion Holdings, which owns the Tecno brand of smartphones that are popular in Africa, plans to make an entry into India.
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