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HANDSET RETAILERS PROFIT
Old stock turns gold for retailers as smartphone prices rise amid memory cost inflationAs memory prices experience inflation, the landscape of India's smartphone market is shifting. Retailers momentarily benefit from increased...
Apple CEO Tim Cook’s 15-year legacy by the numbersTim Cook is stepping down as Apple CEO after fifteen years. Hardware expert John Ternus will take over. Cook's tenure saw Apple's market va...
Brands focus on leaner product lines amid surging input costsCompanies are reducing product choices to manage rising costs. This strategy focuses on popular, profitable items. Smartphone and TV makers...
Dial M for margins: Chinese phone companies offer higher share to retailersSince last year, Chinese brands, especially Xiaomi and Realme, have been focusing on offline retail, which is more conducive for selling pr...
What's driving growth of refurbished smartphones even as demand for new handsets hits record lowsTrade-ins, where customers exchange an older handset for a discount, are higher primarily in the offline segment. Industry executives say t...
Samsung and Apple gain smartphone revenue share as Chinese rivals lagMarket leader Samsung earned over $8 billion in smartphone revenue last year, giving it a 22% market share - up 3 percentage points on year...
Anti-competitive, monopolistic and a felony in aiding e-commerce: Mobile retailers on Xiaomi’s offline strategyMobile handset retailers, in a response to Xiaomi India's recent letter, has replied saying the smartphone company’s approach towards mainl...
Chip shortage to hit phone supplies this festive seasonRetailers are stocking up on mobile phones like never before as they brace for a severe supply shortage in the lead up to the festive seaso...
Mobile retailers accuse companies of diverting stocks to online stores to avoid giving marginsSmartphone makers are diverting a majority of their handset stocks to the online channel, to avoid giving margins to offline retailers and ...
Handset retailers’ earnings hit as mobile brands erase sales incentiveWhile the removal of sales targets would offer some relief to beleaguered retailers who are facing a near washout in sales due to Covid-ind...
Handset companies hike prices of mobile phones on high GST“The rupee has depreciated significantly against the US dollar. Since we maintain less than 5% profit margin for all our hardware products,...
250,000 and counting: Handsets sector sheds jobs to remain afloatThe cut of about 15% of the workforce comprised mainly of in-store brand promoters who were put out of work after thousands of small phone-...
Offline retailers begin to hang up on low-margin RealmeThis is one of the first fallouts of the margin war between big retail and the consumer electronics industry in India.
Nokia back to profit in IndiaThe company, which launched Nokia 6, Nokia 7 Plus and Nokia 8 Sirocco today, is yet to firm up any exclusive Nokia store strategy.
Reliance Jio to offer 4G handsets starting at Rs 2,000These entry-level smartphones with inbuilt Jio apps will be sold under 'ReConnect' and will be sold through the network of Reliance Retail.
Himanshu Chakrawarti of The Mobile Store gave the EMI idea for Apple iPhones, helped Nokia with Lumia strategyHimanshu Chakrawarti, CEO of 'The Mobile Store' gave EMI idea to Apple for iPhones and helped Nokia plan Lumia strategy.
- RCOM to now retail GSM handsets
Anil Ambani’s Reliance Communications (RCOM) is readying itself for a big splash into the Rs 20,000-crore GSM handset retailing