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Demand for Chinese smartphones in India falls for first time ever; prices to riseChinese smartphone prices: The entry- to mid-level market -- the industry's mainstay -- shrunk last fiscal, pulling down the combined reven...- Oppo starts folding Realme operations into its India business, job roles impactedRealme is being repositioned as a sub-brand within Oppo's framework, with backend operations and sales support teams being integrated to st...
- Green line glitch solution turns into a tax headache for OnePlusOnePlus is facing a significant tax demand from GST authorities for its lifetime screen replacement warranty. This comes as the company's s...
- OnePlus under scanner; Razorpay invests in PopThe auditor of smartphone maker OnePlus Technology India has flagged issues with its bookkeeping processes. This and more in today’s ETtech...
- OnePlus India audit flags glitches, PF payment lagsAuditors flagged OnePlus Technology India for hosting accounting software on foreign servers, using non-English program codes, delayed empl...
- ETtech Explainer: Timeline of CCI's antitrust probe into Amazon and FlipkartIn the antitrust case against Amazon and Flipkart, the Competition Commission of India (CCI) has sought the financial statements of the two...
- India accuses Samsung, Xiaomi of colluding with Amazon, FlipkartSamsung, Xiaomi, and other smartphone companies allegedly colluded with Amazon and Flipkart to launch products exclusively on their Indian ...
- China’s top mobile phone manufacturer BBK Group continues to lead Indian marketBBK had a revenue of Rs 81,870 crore in 2022-23 even though it declined by over 2% year-on-year. This includes sales of the five BBK Group ...
- Apple logs highest-ever smartphone shipments in India in Q3Apple recorded its highest ever quarterly shipments in India, crossing 2.5 million units, in the third quarter (July-September period) this...
- OnePlus, Realme, Oppo to go separate ways as parent BBK looks to de-risk India businessBBK Electronics Corp, China’s largest smartphone maker, has made three of its biggest brands in India - Oppo, OnePlus and Realme - separate...
- 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...
- Vivo posts highest ever loss of Rs 349 crore in FY20, but revenue up 45% on yearThis comes after its sister brand Oppo also reported its largest loss-making year in FY20 with losses amounting to Rs 2,203 crore. Both Viv...
- Oppo FY20 net loss widened over 2 times to Rs 2,203 crore, largest since it entered IndiaThe China-based brand which holds number 5th rank in India’s smartphone market shipped 16.5 million units during calendar year 2020 and cap...
- China's BBK Group overtakes Samsung to become India's largest mobile phone makerBBK Group’s sales through its two entities in India – Oppo Mobiles India and Vivo Mobile India – increased 65% year-on-year to Rs 63,635 cr...
- A snapshot of how much Indians spend on buying Chinese smartphonesThe disclosure by Oppo Mobiles India, the flagship entity of China’s BBK Group in India, also said sales slowed down and profit took a hit ...
- Oppo, Vivo sales jump 67% in FY19On a standalone basis, Oppo’s sales went up by 80% at Rs 21,524.6 crore, while Vivo grew by 54% at Rs 17,201.79 crore in 2018-19. BBK Elect...
- Apple growing again, Cook positive on IndiaIndia, along with emerging markets including Brazil and China performed better, recorded a revenue growth of 3% in the three months to June.
- Samsung, OnePlus to fight for premium smartphone leadership in IndiaOnePlus’s move to regain its leadership position depends on the success of its new strategy.
- Apple’s India revenue up 12% to Rs 13,098 crore in FY18Net profit jumped to Rs 896.33 crore from Rs 373.38 crore, which the industry attributed to the high margin on the iPhone X and Mac compute...
- Apple India's net profit surges by 44% and so does its India ambitionApple India’s total income (including other income) grew by 17% to touch Rs 11,704.5 crore in FY17, up from Rs 9,997.6 crore in the previou...
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