ELECTRONICS
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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 […]
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ELECTRONICS 
July 3, 2019 Samsung Electronics’ Q2 profit likely halved as Huawei woes worsen chip glut
SEOUL: Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip shipments to China’s embattled Huaweiexacerbated a price-squeezing supply glut. The quarterly result would be the South Korean firm’s lowest in nearly three years, with the prospect of an earnings recovery still […]
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ELECTRONICS 
July 2, 2019 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 […]
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ELECTRONICS 
July 1, 2019 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 […]
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ELECTRONICS 
June 28, 2019 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 […]
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ELECTRONICS 
June 25, 2019 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 […]
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ELECTRONICS 
June 22, 2019 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 […]
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ELECTRONICS 
June 21, 2019 Market Headstart: Nifty likely to open flat; Bharat Electronics, KSB top buys
The Nifty50 is likely to open flat on Friday following a mixed trend seen in other Asian markets. Investors across the globe got nervous on growing worries about Middle East tensions, after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington. The S&P 500 hit a record […]
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ELECTRONICS 
June 18, 2019 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 […]
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ELECTRONICS 
June 17, 2019 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 […]
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ELECTRONICS 
June 16, 2019 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 […]
