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TRANSSION SMARTPHONE DROP
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...- 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...
- Rising memory chip prices weigh down Dixon stockDixon Technologies' stock faces pressure from rising memory chip costs and upcoming regulatory changes. The company, a major Android handse...
- Handset makers dial down imports of components after festive surgeSmartphone production slowed in October as demand eased after the festive season, with Android makers seeing the sharpest fall. Imports of ...
- Musk’s $97.4 billion offer for OpenAI; Peak XV’s exitsA consortium led by Elon Musk has made an audacious $97.4 billion bid for the non-profit overseeing ChatGPT-maker OpenAI. This and more in ...
- Smaller smartphone brands in India like Apple, OnePlus gain market share; challenge top five in 2024Smaller smartphone brands like Apple, Nothing, and OnePlus gained significant market share in India in 2024 due to robust online sales and ...
- India's mobile phone production capacity: Unutilised potential amidst declining demandAs much as half of the mobile phone manufacturing capacity in India is unutilised or repurposed due to weak demand globally and domesticall...
- Dixon Technologies Q4 Results: Net profit rises 20% YoY to Rs 97 croreThe electronics manufacturer has over two dozen production facilities across the country. Dixon makes smartphones and feature phones for br...
- For phones, Indians think China againChinese smartphone brands, including Xiaomi, Vivo, Oppo, Realme, Transsion, and Motorola, have seen their cumulative market share rise to 7...
- Unicorn hiring trends; smartphone makers to gain further groundThe ongoing funding winter and concerns over profitability have not deterred homegrown unicorns from onboarding top talent. This and more i...
- Paytm trims Q3 losses; Dream11 FY23 revenue grows 66%Digital payments major Paytm on Friday said it has narrowed losses to Rs 222 crore for the quarter ended December, from Rs 392 crore a year...
- SoftBank logs $3 billion loss, Vision Fund back in the black; Pepperfry founder Ambareesh Murty passes awayJapanese investment giant SoftBank’s Vision Fund unit is back into profits for the first time in six quarters as its technology bets paid o...
- India smartphone market records highest ever Q1 decline of 19%Sluggish demand, high inventory build-up carried over from 2022, growing consumer preference for refurbished phones and pessimistic channel...
- India smartphone market dip 27 per cent in Q4; entry-level, sub-Rs 25,000 segment most hitSmartphone shipments in the sub-USD 300 (about Rs 25,000) price segment declined by 15 per cent while mid-premium and premium price segment...
- India's smartphone shipment fall 5% in Q3 due to fragile supply chain: CanalysNotably, the third quarter of 2020 makes for a tough quarter to compare with due to pent-up demand last year, it said.
- India smartphone market grows 20% in Q2 2018, Xiaomi leads tally: IDCReliance Jio, the main driver of the 4G feature phone segment with its JioPhone range of phones, remained the top vendor in the overall fea...
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