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SMARTPHONE SALES DIP
Zetwerk IPO eyes big returns; Flipkart alumni seek Esop buybackZetwerk’s early investors are poised for big gains as the platform prepares to go public. This and more in today’s ETtech Top 5.- India’s smartphone sales face a festive squeeze, but market value rises 5%The smartphone market in India is projected to experience a 12% decline in sales volumes this festive season. Despite this decrease, the ov...
- 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...
- UPI transaction volume dips to 24.07 billion in SeptemberTransaction volumes dipped 1.8% from 24.51 billion in August, while the value of transactions also fell marginally month on month. On a yea...
- View: India needs guardrails around shadow loans, not bansThe RBI’s proposed curbs on flexi loans could reshape how India’s self-employed workers and small businesses borrow. While the move aims to...
- Zepto may defer IPO; Festive carts go premiumHappy Thursday! A roadblock in valuation negotiations may prompt Zepto to delay its listing. This and more in today’s ETtech Morning Dispat...
- Mighty Android slips a bit as users upgrade during festivalsApple's iPhones are gaining ground in India, taking market share from Android phones. This trend is driven by Apple's focus on volume and a...
- Festive season sees 13% rise in sales of electronic products: NielsenIQThe festive season brought good news for the technology sector. Sales of tech products and durables saw a significant rise. Air conditioner...
- China iPhone sales strong, Apple tells investors as Huawei threat loomsApple appeared to have gained market share in China in the July-September period, even if the overall smartphone market may have contracted...
- Smartphone demand muted in run-up to festive seasonThis year, the festive season is spread across two quarters, with Diwali at the end of November, along with the Cricket World Cup in India ...
- India smartphone market to grow 10% to reach 175 mn units in 2023India currently has more than 600 million smartphone users, a number which is expected to grow over time as more feature phone users migrat...
- Chinese phones continue to ring at full volumeThere has been no palpable impact on sales of Chinese electronics brands in the Indian market.
- Smartphone shipment growth likely to be lowest in 2020Industry executives said there has been a huge pile-up of inventory left with sellers after a surge in shipments for the festive season, wh...
- Smartphone sales may grow the slowest in 2020Growth in India's smartphone sales next year may ease to its slowest pace as people hold on to their devices for longer due to the lack of ...
- Online smartphone sales dip 18% in November on note ban, low demandFlipkart, Snapdeal and Amazon said that cashless transactions have at least doubled over October, raising their proportion compared to that...
- 4G phones to constitute 7% of smartphones sales in India: GfK4G unit share within smartphones is expected to reach 7 per cent in India and 10 per cent in Indonesia in 2015," the GfK report said.
- Samsung says Galaxy S5 smartphone enjoys brisk salesMore than 11 million S5s have been shifted since its launch at the start of last month said J.K. Shin, head of Samsung's mobile business.
- Feature phone sales dip for first time in IndiaIn the July-September quarter, Indians bought 51.8 million feature phones, 0.8% lower compared with the corresponding period last year.
- Apple beats Nokia in smartphones categoryApple has beaten Nokia in the smartphones category, an area the Finnish co had been losing ground to the US co since iPhone hit the market.
- Smartphones to ring in 23% CAGR by '11Smartphones are clocking robust sales in India even as their ‘not-so-smart’ cousins have been somewhat hit by the economic slowdown.
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