ELECTRONICS
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ELECTRONICS 
July 27, 2019 InnoVen Capital invests in consumer electronics firm boAt
InnoVen Capital has invested Rs 16 crore (approximately $2.31 million at current exchange rates) in consumer electronics technology startup boAt, the venture debt firm said in a statement. InnoVen, which had earlier invested in other consumer-focused startups, said the move is in line with its strategy of capitalising on rising consumer spending in India. boAt […]
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ELECTRONICS 
July 24, 2019 Get serious about electronics waste
As the demand for electronic devices and equipment continues to surge, so too does the amount of electronic waste being generated. In 2017, 44.7 million tonnes of e-waste were produced globally, 90% of which was sent to landfill, incinerated, illegally traded or treated in a sub-standard way. The US and Europe account for around half […]
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ELECTRONICS 
July 22, 2019 U.S. electronics makers worry sales to Chinese firms could fall more
U.S. chip and components manufacturers are nervous about the U.S. trade position with China because many Chinese companies buy and use many billions of dollars of U.S.-made electronics products every year. Simply put, U.S. chipmakers don’t want to lose the enormous Chinese market to sell chips into, analysts said in recent interviews. The lucrative Chinese market […]
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ELECTRONICS 
July 21, 2019 Bharat Electronics Q1 PAT seen up 27.5% YoY to Rs. 229.1 cr: Kotak
Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goodssector. The brokerage house expects Bharat Electronics to report net profit at Rs. 229.1 crore, up 27.5% year-on-year (down 65.7% quarter-on-quarter). Net Sales are expected to increase by 13.5 percent Y-o-Y (down 38.6 percent Q-o-Q) to Rs. 2,385.9 crore, according to Kotak. Earnings before […]
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ELECTRONICS 
July 19, 2019 Sachin Bansal’s fund infuses Rs 20 crore in consumer electronics startup boAt
There are very few Indian firms in the consumer electronics segment that can boast of taking on the might of the international brands. One startup boAt is doing just that. The company makes earphones, speakers and travel chargers capable of challenging the likes of Bose and Apple. The company has now received funding from Flipkart co-founder Sachin […]
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ELECTRONICS 
July 16, 2019 Govt may bring separate policy for electronics to boost FDI
Swedish furniture maker IKEA and fashion-retailer H&M are some of the big single-brand retail firms operating in India. In a move that may be a boost for hi-tech companies like Apple, Samsung, etc., the government is likely to formulate a separate policy for electronics to attract higher foreign direct investment (FDI) and make the country […]
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ELECTRONICS 
July 15, 2019 Central Electronics Limited Floats Tender for 50 MW of Solar Projects in Maharashtra
The Central Electronics Limited (CEL), a public sector enterprise, has issued a tender for 50 MW of grid-tied solar PV projects ranging from 500 kW to 10 MW at various locations in the state of Maharashtra. The scope of work includes the design, engineering, supply, construction, erection, testing, installation, and commissioning, along with ten years […]
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ELECTRONICS 
July 14, 2019 Ex-employee forms gang, steals from electronics godown in Pune; arrested
The crime branch of Pune police, on Wednesday, arrested a gang of six people for stealing electronic goods worth Rs 24 lakh from a godown in Budhwar peth. (PHOTO FOR REPRESENTATION PURPOSE ONLY) The crime branch of Pune police, on Wednesday, arrested a gang of six people for stealing electronic goods worth Rs 24 lakh […]
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ELECTRONICS 
July 13, 2019 Military College of Electronics and Mechanical Engineering names block after Army martyr
HYDERABAD: Hyderabad based Military College of Electronics and Mechanical Engineering (MCEME) on July 12 renamed one of its technical blocks after late Major Vibhuti Shankar Dhaundiyal, who laid down his life in post-Pulwama attack operations against terrorists in Jammu and Kashmir. Major Dhaundiyal graduated from MCEME in December 2017 after obtaining Bachelor of Engineering Degree in […]
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ELECTRONICS 
July 12, 2019 Samsung Electronics Bashed in South Korea and Japan Alike
Samsung Electronics is facing difficulties in an array of industries, ranging from memory chip, smartphone and consumer electronics to non-memory chip and biotech. Samsung Electronics is concerned over how to operate its foundry facilities, which are the core of its non-memory chip business, with the Japanese government restricting exports of photoresists for use in extreme […]
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ELECTRONICS 
July 8, 2019 Budget 2019 can be game-changer for consumer electronics industry; govt must take these steps
Budget 2019-20: To find the growth rate again, the government should take numerous steps in Union Budget to improve the current market conditions in India. By Avneet Singh Marwah Union Budget 2019 India: Currently, the Indian market is going through a tough phase as the buying power is being affected. There was no spike in the television […]
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ELECTRONICS 
July 7, 2019 LG Electronics Q2 operating earnings down 15.4%
Seoul, LG Electronics Inc. said on Friday that its second-quarter (Q2) operating profits are expected to have dropped 15.4 per cent from a year earlier, mainly due to its sluggish smartphone business. In an earnings guidance, the South Korean electronics maker said it expects to post 652.2 billion won ($557 million) in operating profits in […]
