• ELECTRONICS
    Prasad promises to take Broadband to masses; sees India as export hub for electronics

    NEW DELHI: Telecom and IT Minister Ravi Shankar Prasad has said that under Digital India 2, the government would take broadband to the doorsteps in rural India through a policy push and entrepreneurship ecosystem, while highlighting that the government will work proactively to make India an export hub for electronics products. Speaking to reporters on Monday, Prasad urged Indian […]

  • ELECTRONICS
    Microfactories to assemble electronics

    Hanspal (left), and Ciubotariu (right) Bright Machines, a startup founded by a group of software and manufacturing executives, on Wednesday released its latest “microfactories” designed to automate the assembly of electronics. While automation has taken hold in factories for cars and other products, the company’s chief executive, Amar Hanspal, said machines have eluded electronics assemblers because they can […]

  • ALL DEALS
    STL Moms: Fun movie deals all summer long at Marcus Theaters

    ST. LOUIS, Mo. – Going to the movies could be an inexpensive summer activity for the whole family at Marcus Theatres. Lexi Cobb, the Operations Manager at Marcus Ronnie’s Cinema, is in the studio to talk about the Kids Dream Summer Film Series. There will be special showings at discounted rates from now until August […]

  • ELECTRONICS
    Buy Bharat Electronics; target of Rs 135: ICICI Direct

    Bharat Electronics reported yet another stellar quarter, continuing its legacy of guiding lower and delivering higher. For the quarter, the company reported revenues of Rs 3885 crore, up 7.7% YoY. EBITDA grew 16.7% YoY. EBITDA margins came in strong at 23.9% vs. 22.1% YoY due to gross margin expansion of 630 bps YoY. Higher gross […]

  • ELECTRONICS
    Trade winds: Big jump in electronics exports allays deficit fears

    Analysts have pointed out that the nature of electronics imports, especially in the mobile phone segment, is changing. Massive electronics imports and their debilitating impact on trade balance have long pressured the country’s current account, but a spurt in electronics exports since last year has pleasantly surprised policymakers. Having jumped 39% year-on-year to a record […]

  • ELECTRONICS
    Buy Bharat Electronics, target Rs 116: Kunal Bothra

    Independent analyst Kunal Bothra has a buy call on Bharat Electronics with a target price of Rs 116. The current market price of Bharat Electronics is Rs 110.55. Time period given by analyst is Intra Day when Bharat Electronics price can reach the defined target. Kunal Bothra recommended to keep the stop loss at Rs 107. Bharat […]

  • ELECTRONICS
    Samsung Electronics to Strengthen its Neural Processing Capabilities for Future AI Applications

    Samsung Electronics, a world leader in advanced semiconductor technology, today announced that it will strengthen its neural processing unit (NPU) capabilities to further extend the reach of its artificial intelligence (AI) solutions. In line with its focus on next-generation NPU technologies, Samsung plans to create over 2,000 related jobs worldwide by 2030, which is about […]

  • ELECTRONICS
    Flash Electronics files patent case against Royal Enfield in US court

    Flash Electronics India Ltd, a New Delhi Based automobile component manufacturer, has filed a law suit against country’s largest premium motorcycle manufacturer, Royal Enfield, in the US regarding a patent infringement of a component known as regulator-rectifier. Flash will subsequently file similar law suits against the motorcycle manufacturer in the Europe and Asia-Pacific, including India. A […]

  • ELECTRONICS
    Electronics manufacturers seek ban on television imports from Vietnam

    NEW DELHI: The electronics manufacturing industry has asked the government to immediately ban imports of televisions from Vietnam, which saw a 25-times jump to Rs 1,500 crore within the last one year, and called for changes in the import duty structure. In similar letters dated June 11 to finance minister Nirmala Sitharaman, commerce minister Piyush Goyal and communications and […]

  • ELECTRONICS
    Chinese-Owned Company Supplies Electronics On U.S. And U.K. F-35 Fighter Jets

    “We are not aware of any other Chinese-owned F-35 suppliers at this time,” Lockheed Martin said after the U.K.’s Sky News reported that “a Chinese-owned company is making circuit boards for the top-secret next-generation F-35 warplanes flown by Britain and the United States.” British MP Bob Seely, who sits on both the Foreign Affairs and Arms Export Controls Committees described […]