ELECTRONICS
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ELECTRONICS June 10, 2019 Varroc denies patent violation allegations by Flash Electronics
By: Loknath DasNew Delhi: Tier I auto component manufacturer Varroc Engineering Limited, a part of the Varroc Group, on Friday issued a clarification on the patent violation allegations made by Flash Electronics against Royal Enfield in the US regarding production of a key component for two-wheelers. “We have recently learnt from press reports about certain allegations made by another Indian auto component manufacturer regarding Varroc knowingly […]
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ELECTRONICS June 9, 2019 Royal Enfield Refutes Allegations By Flash Electronics
By: Loknath DasRoyal Enfield has denied any fault in the lawsuit filed by Flash Electronics Private Limited that alleges that one of the components used in some Royal Enfield models sold in the USA infringe on registered patents owned by Flash Electronics. In a latest statement, Royal Enfield has said that the component in question is supplied […]
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ELECTRONICS June 8, 2019 Share of electronics dip in e-tail pie as groceries grow
By: Loknath Das(Representative image) CHENNAI: E-tailing market is moving away slowly from just selling mobile phones and electronics to grocery and fashion products. A study by management consulting firm RedSeer said that the share of mobiles and electronics has dropped to 38% in the January-March quarter of 2019 from 45% in the same time last year. It has been steadily dropping since then. […]
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ELECTRONICS June 7, 2019 Golden Cross on charts: Buy Bharat Electronics, PFC and NMDC for double digit returns
By: Loknath DasSince the new government at the Centre is settled, the focus now shifts on the execution of poll promises. BJP’s manifesto envisages overall infrastructure investment to the tune of Rs 100 lakh crore by 2022. In the next three years, power, highways, airports, housing and urban infrastructure will be in the focus creating a strong […]
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ELECTRONICS June 3, 2019 BEL eyes space electronics as next growth area
By: Loknath DasEVMs cannot be tampered with, says CMD Defence PSU Bharat Electronics Limited’s (BEL) order book as on April 1, 2019 stood at ₹51,798 crore as compared with ₹40,115 crore in April 2018. During the year 2018-19, company has acquired ₹23,431 crore worth of new orders. The expenditure on R&D was ₹1,077 crore as against ₹988 crore in 2017-18. The value added per […]
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ELECTRONICS June 1, 2019 Flash Electronics vs Royal Enfield: Who said what? All about allegations and reactions on patent infringement matter
By: Loknath DasAfter electronic and electric auto components player Flash Electronics India Ltd filed a lawsuit against iconic Indian motorcycle-maker Royal Enfield, the matter is taking various turns as allegations and reactions are pouring in. Here are details of the matter and what followed after Flash filed a lawsuit about patent infringement in the US regarding the […]
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ELECTRONICS May 28, 2019 Initiative retains Sony Electronics media duties worth Rs 200 crore
By: Loknath DasInitiative has retained media duties for Sony Electronics. The size of the account is estimated to be around Rs 200 crore. Industry sources confirmed to exchange4media that following a multi-agency pitch, Initiative retained the integrated media mandate of Sony Electronics India. exchange4media reached out to Initiative and Sony for an official confirmation but did not […]
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ELECTRONICS May 27, 2019 Electrical Switch Maker Salzer Electronics Buys 72.32% Stake In Kaycee Industries
By: Loknath DasMUMBAI: Coimbatore-based electrical switch maker Salzer Electronics Ltd on Friday said that it has agreed to acquire 72.32% stake in its peer company Kaycee Industries Ltd in an all cash deal, the company said in a statement. Salzer added that it will also make an additional offer to buy the remaining 26% stake in the company […]
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ELECTRONICS May 18, 2019 Donald Trump is short-circuiting the electronics industry
By: Loknath DasFor more than a year now, President Donald Trump has been playing chicken with China, instituting increasingly expensive tariffs to add pressure for a trade deal that never seems to materialize. So far, those tariffs have kept clear of consumer goods like smartphones or televisions, with the most damaging taxes restricted to intermediary products like […]
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ELECTRONICS May 17, 2019 Electronic skin gives robots the human touch
By: Loknath DasKnown as Wootzkin, the electronic skin is designed to allow robots to complete tasks requiring greater dexterity, such as handling soft fruit. The skin, developed by Edinburgh and Sedgefield-based Wootzano, was presented at the Annual Showcase of the Royal Academy of Engineering’s Enterprise Hub in May. The Wootzkin, which is made of a specially-modified elastomer […]
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ELECTRONICS May 15, 2019 India to allow import of second-hand electronics at last; windfall for refurbished phones market?
By: Loknath DasPhone companies – Apple especially – could soon be posed to take a bigger bite out of India’s growing refurbished phones market, with the Directorate General of Foreign Trade (DGFT) allowing – via a notification on May 7 – the import of refurbished electronic goods, reports ET Prime. The caveat – and it’s a big one […]
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ELECTRONICS May 10, 2019 Govt prohibits imports of non-BIS compliant second-hand electronics, IT goods
By: Loknath DasImport of second-hand or refurbished electronics and IT goods without registration with the Bureau of Indian Standards (BIS) is prohibited, the government has said. Under the Electronics and IT Goods (Requirement of Compulsory Registration) order 2012, imports of these goods is allowed through the registration with the BIS or on specific exemption letter from the […]