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SMARTPHONE SALES DECLINE
Navratri shoppers splurge on clothes, appliances as gadgets get pricierSales of apparel, footwear, and cosnumer durables increased over 20% during the recent Navratri-Dussehra festive period. Car retail sales s...
Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows: Reuters reportsQualcomm will begin notifying employees of job cuts in November as a part of its annual reviews. CEO Cristiano Amon mentioned the aim is to...
Apple India in sweet spot as FY26 revenue crosses Rs 1 lakh crore, profit soarsApple India's revenue reached ₹1 lakh crore in FY26, reflecting a strong growth trend in smartphone sales. Revenue growth was noted at 31%,...
Price shock trumps festive cheer as India smartphone shipments hit decade lowIndia's smartphone market faced a 26% decline in shipments in Q3 2026 compared to the previous year. Factors like rising prices and cautiou...
Ecommerce festive sales fizzle out on price pangsExecutives attributed the slowdown to sluggish demand for premium electronics, including smartphones, home appliances and laptops, as price...
India's smartphone shipments slip 26 pc to decade-low in Q3, Samsung regains top spot: ReportMajor Chinese players Vivo, Oppo and Xiaomi are estimated to have seen a decline in shipments while Samsung regained top position despite a...
India braces for first Diwali after Gulf war with tighter budgetsAs households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for e...
LG Electronics, Polycab among picks as premiumisation and infrastructure demand drive growth: Siddhartha KhemkaConsumer durable demand is showing an uneven festive recovery, with premiumisation and weather-led sales supporting select categories. Sidd...
Online mobile sales may not ring loud this NavratriIndia's smartphone market is experiencing a sharp decline in sales during the festive season. Recent data indicates a 16% year-on-year drop...
Skyroot eyes funding boost; MDR deferment cheers D2C brandsHappy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Di...
AI boom drives record sales at Dutch tech giant ASMLASML, a leading Dutch technology firm, has announced unprecedented profits, fueled by a surge in demand for semiconductor manufacturing rel...
Online festive sales start slow as smartphone demand dips; quick commerce extends shopping windowIndustry executives and analysts attributed the 7-10% year-on-year (YoY) decline to a slowdown in mobile phone purchases following price hi...
Have Money, Will Buy! Festive online sales off to fine 'premium' startDuring the festive season, demand for premium goods has seen significant growth on e-commerce platforms. Sales have increased by 40% compar...
Too pricey to sell? Apple cuts iPhone 18 Pro orders by 20%, Duo faces similar riskApple has reduced component orders for iPhone 18 Pro and iPhone 18 Pro Max by 15%. This reduction is a response to weaker-than-expected dem...
Festive demand on easy finance: Samsung, Vivo, Xiaomi and others stretch EMIs to 30 months, bear interest costsSmartphone and consumer electronics manufacturers are extending EMI options to as long as 30 months. This move aims to cushion consumers fr...
Apple plans to sell six million iPhone Duo units this year: ReportThe phone, priced at $1,999, is set for release in October. In India, the 256 GB variant costs Rs 2,99,900, the 512 GB one costs Rs 3,24,90...
Amazon, Walmart's Flipkart launch review of unlicensed security camera listings on India platformsAmazon and Walmart's Flipkart have begun checking security camera listings on their platforms in India after hundreds of unlicensed product...
Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
India’s smartphone business may have lost an old festive-season weaponIndia's smartphone market faces challenges this festive season as rising memory costs lead to higher device prices. Major brands are alread...
Weak core show takes a big toll on Samsung India as net profit plunges 36% to ₹7,228 cr in FY26Samsung India reported a 36% drop in net profit driven by declining smartphone sales and increased costs. Revenue from operations experienc...