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VIVO LOCAL SOURCING
Samsung, Apple outpace rivals as global memory chip crunch hits Chinese smartphone makersA global memory chip shortage is impacting smartphone makers. Samsung and Apple are growing their market share. Chinese companies like Xiao...- China’s Cosmx ties up with Munoth Industries in JV to source lithium-ion cells in IndiaChinese battery leader Cosmx is embarking on an exciting collaboration with Munoth Industries based in India. This venture will enable Cosm...
- Oppo, OnePlus, Vivo and other Chinese companies up for local parts in electronics playChinese electronics companies like Haier, Hisense, Oppo, OnePlus and Vivo are increasing local value addition in India. They are partnering...
- Vivo shutters plans to offload majority stake to Tata on Apple roadblockVivo's ambitions to sell a 51% stake in its Indian operations to the Tata group were thwarted after objections from Apple, Tata's partner i...
- Vivo working with over 30 local component suppliers for its smartphonesGoing forward, Vivo will be moving to a new manufacturing facility in Noida in 2024 and start sourcing components such as stabilisation mod...
- Xiaomi aims to ship 70 crore devices in next 10 years versus 35 crore in previous 10The second-largest selling smartphone company in India will further look at expanding manufacturing partnerships for enhanced local value a...
- Vivo set to open ₹3,000-cr India facility in JulyChinese smartphone maker Vivo is set to inaugurate one of India's largest mobile phone manufacturing facilities next month, with an annual ...
- Vivo to take on Samsung with locally-made foldable launchChinese smartphone maker Vivo is set to launch its first foldable smartphone, XFold3 Pro, aiming to penetrate the premium segment and compe...
- Vivo, Oppo say bye to Chinese 'agents,' bring in Indian onesVivo is likely to take up the office spaces currently occupied by the agents and convert them into its own state office, executives said. O...
- Vivo India back in the black in FY23, reports Rs 211-cr net profitThe smartphone brand, India's third largest by sales, reported a net profit of ₹211 crore for FY23, as per its recent filings with the Regi...
- ED files first charge sheet against Chinese smartphone maker Vivo-India, othersThe prosecution complaint has been filed before a special court here on Wednesday under the criminal sections of the Prevention of Money La...
- Enforcement Directorate raids at Vivo, other firms 'chill investment confidence,' says ChinaAs the Enforcement Directorate (ED) continued searches at the premises of Chinese companies in a money laundering case, Wang Xiaojian, coun...
- Vivo India directors Zhengshen Ou and Zhang Jie leave country as ED intensifies money laundering probe: SourcesThe federal agency on Tuesday conducted searches at 40 locations in Uttar Pradesh, Madhya Pradesh and some southern states in connection wi...
- India probes ZTE, Vivo as more China firms under scrutinyThe Ministry of Corporate Affairs will scrutinize auditor reports and has received information from unnamed sources that indicates potentia...
- Vivo plans to invest Rs 1,600 crore more by 2023Vivo, which has seven manufacturing facilities globally, aims to increase its annual production capacity to 60 million units by the end of ...
- Vivo to invest Rs 3,500 crore in India by 2023, plans to start export mobile devices in 2022Vivo India Director (Business Strategy) Paigam Danish told that the investment is part of the Rs 7,500-crore commitment that the company ma...
- Bitter-sweet victory for Vivo: Lockdown may affect smartphone sales despite huge stockpiles with vendorsVendors planned the stockpiles ahead of the much-awaited IPL.
- Chinese telcos take precautionary measures to keep employees safeThe Chinese company which has offices in New Delhi, Mumbai, Bengaluru amongst other cities in India said it has quarantined all Chinese emp...
- Handset makers seek fast action on sourcing normsCurrent regulations require foreign-owned single-brand retailers to locally source 30% of the value of items sold in India.
- What's so special about Apple? Other handset makers ask governmentAccording to sector experts, concessions to any mobile phone maker should be given not just for assembling devices locally but also value a...
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