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SMARTWATCHES SALES DOWNTURN
Indians turning clock back on smartwatches; shipments fall 45%YoY in the September qtrIndians are rediscovering the charm of analogue watches. Smartwatch sales are declining. Consumers want simpler, more elegant timepieces. E...
Small, homebred wearables brands exiting market due to narrow margin, Chinese competitionSeveral Indian wearable brands, including Play, Wings, Vingajoy, and Riversong, have ceased operations due to declining demand and low prof...
Wearables shipments down 21% on year in July-Sep: IDCAccording to data from market research firm IDC, shipments in the three-month period fell 20.7% year on year, with smartwatches witnessing ...
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Govt crackdown on PAN misuse; wearables slump hits profitsThe Ministry of Home Affairs has called for action against unauthorised use of personal data across various platforms. This and more in tod...
Alarm bells at wearables companies as slump extends to this fiscalIndia’s wearables market has been on a downturn for over a year, affecting major brands like Boat and Boult. Boat reported a 5% revenue dro...
Apple expected to unveil next generation of iPhones as company tries to reverse a recent sales slumpApple is expected to take the wraps off its next iPhone on Tuesday during what has become an annual late summer rite aimed at giving more p...
Apple's new iPhone 13 touts faster 5G, sharper cameras to spur trade-insThe phone will start at $699, and participating wireless carriers will offer up to $700 off for qualifying trade-ins. The iPhone 13 Pro sta...
Getting good quality retail in India is a challenge: Niladri Mazumder, Seiko India"We were clocking high double-digit sales growth till 2018. But 2019 has been slow for us at just about 9-10%. Consumer sentiment is mellow...
Ambitious 10-year plan: How Cyrus Mistry plans to have more TCS-like giants in the Tata GroupBy 2025, Cyrus Mistry wants the group to be in the top 25 globally by market capitalisation; and reach out to 25 per cent of the global pop...