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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...
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