• ELECTRONICS
    Electronics industry fears supply disruptions, production cuts, price rise due to Coronavirus

    With the Coronavirus in China showing no sign of abating, and parts of the country being stranded under quarantine, India’s electronics industry is fearing supply disruptions, production curtailment, as well as a negative impact on prices, revenue, product launches and local manufacturing. If the situation prolongs, the industry is bound to take a hit by […]

  • ELECTRONICS
    LG Electronics India expects 20% rise in sales this year

    In Kerala, the company is targeting a sales of Rs 550 crore during the Onam season. This is 20% higher than the same period in the previous year.  KOCHI: LG Electronics India is expecting a 20% growth in sales in the current year, which will be higher than industry growth of consumer durables. Unveiling the products for the Onam festival, […]

  • NEWS
    US submarine arrives in South Korea as tensions rise

    A US submarine has arrived in South Korea, amid worries of another North Korean missile or nuclear test. The missile-armed USS Michigan is set to join an incoming group of warships led by aircraft carrier Carl Vinson. North Korea is celebrating its army’s 85th founding anniversary on Tuesday. It has previously marked similar occasions with […]

  • ELECTRONICS
    LG Says Q1 Operating Profit Likely to Rise on Falling TV Panel Prices

    South Korean tech firm LG Electronics Inc said on Monday its first-quarter operating profit likely rose 66 percent from a year earlier, easily beating expectations and pointing to an earnings boost from healthy appliance sales and falling television panel prices. LG Electronics said in a regulatory filing it expects a January-March profit of KRW 505 […]