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BUDGET SMARTPHONE SALES DROP
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...- Nothing leads India's smartphone growth in Q2 as shipments surge 105%: ReportNothing led India's smartphone market growth in the second quarter of 2026. This surge followed strong demand for their Phone (4a) and Phon...
- OnePlus confirms India will be business as usual in spite of US, Europe exitOnePlus India operations will continue despite exiting US and European markets. Parent company Oppo is restructuring its global business to...
- OnePlus exits Europe, North America as the 'flagship killer' fights for relevanceOnePlus is withdrawing from Europe and North America as part of a global strategy adjustment. This move follows reports of parent company O...
- US retail sales lose steam in June as consumers pull backIn June, US retail sales experienced a modest uptick, signaling a slowdown in consumer spending. This increase was markedly weaker compared...
- Cabinet clears Rs 1.9 Lakh crore push for chip, mobile phone manufacturingThe Union Cabinet approved significant new schemes for semiconductor and mobile phone manufacturing. The India Semiconductor Mission's seco...
- Refurbished electronics go mainstream as organised retailers expand beyond value buyersIndia's refurbished electronics market is growing rapidly with organized players. Stronger quality standards and warranties are attracting ...
- Price hikes push buyers towards refurbished smartphones and laptopsIndia's refurbished device market will significantly outperform new sales this year. Rising memory costs are pushing up prices for new smar...
- Dixon Tech shares surge 7% on Rs 1.9 lakh crore phone manufacturing push. Buy, sell or hold the stock?Dixon Technologies shares surged after the Union Cabinet approved the Rs 1.27 lakh crore second phase of the India Semiconductor Mission an...
- OnePlus, once popular with tech fans, to pull out of US and EuropeOnePlus will cease operations in the US and Europe as early as this week. This move is part of a larger restructuring for parent company Op...
- Dutch tech giant ASML posts gain in second-quarter profitsDutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net ...
- ET Graphics | Compact cars gain momentumMini car sales saw a significant increase last quarter, doubling after a three-year slump. This surge followed recent Goods and Services Ta...
- Price hikes keep budget phone, TV buyers awayEntry-level smartphone and television sales have declined for the first time in over a decade. Successive price increases, driven by memory...
- Feel that fatigue in binge-watching?Streaming platforms are grappling with viewer retention challenges, primarily due to content delays and escalating subscription fees. As au...
- AI, Iran war risks weigh on Indian IT firms’ earnings outlookIndian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conf...
- Companies fold back discounts as cost clouds hang lowCompanies are also putting fewer products on sale, signalling a shift away from aggressive promotions despite ongoing end-of-season sales, ...
- 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...
- Consumers adjust to a supply squeezeConsumers are increasing borrowing to afford rising prices on electronics and gadgets. Easy digital credit fuels this demand, but household...
- Consumer loans hit a record in Q1 amid steep rise in electronic goods pricesConsumer financing reached new highs in the June quarter. This surge was fueled by greater financing of electronics and rising prices. Bank...
- 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...
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