ELECTRONICS
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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 […]
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ELECTRONICS April 27, 2019 8 Bharat Electronics officials in soup over favouring companies
By: Loknath DasThe vigilance department of Bharat Electronics Limited (BEL), a defence public undertaking, has ordered blacklisting of a design consultant and action against eight of its own senior officials over irregularities in awarding contracts. BEL allegedly allocated a consultancy contract to RD Konsultants for a confidential defence project to a single company without following due process, […]
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ELECTRONICS April 26, 2019 LG Electronics to shut South Korea phone plant, move production to Vietnam
By: Loknath DasSEOUL (Reuters) – LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals in reorganising production as they battle a slump in global demand. The restructuring of its money-losing business comes as LG, once one of the world’s top three mobile phone makers, […]
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ELECTRONICS April 24, 2019 Samsung Electronics to invest $9.6 billion annually in logic chips until 2030
By: Loknath DasSamsung Electronics said on Wednesday that it would invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business. The investment until 2030, worth 133 trillion won in total, comes as the world’s top memory chip maker strengthens non-memory semiconductor businesses such as contract chip manufacturing, known as foundry, […]
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ELECTRONICS April 21, 2019 Why You Should Care About MIRC Electronics Limited’s (NSE:MIRCELECTR) Low Return On Capital
By: Loknath DasToday we are going to look at MIRC Electronics Limited (NSE:MIRCELECTR) to see whether it might be an attractive investment prospect. To be precise, we’ll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. First of all, we’ll work out how to calculate ROCE. Second, […]
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ELECTRONICS April 20, 2019 Mobile phones, consumer electronics lift Reliance Retail
By: Loknath DasKOLKATA: India’s largest retailer Reliance Retail’s cellphone and consumer electronicsretailing business crossed the $5-billion revenue mark in the year to March, underscoring the breadth of its market presence. Sales in these two categories — which account for about a third of the total — through Reliance Digital and Reliance Jio stores more than doubled to Rs […]
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ELECTRONICS April 16, 2019 India Electronics and Semiconductor Association appoints Intel’s Jitendra Chaddah as its Chairman
By: Loknath DasIndustry body India Electronics and Semiconductor Association Monday said it has appointed Jitendra Chaddah as its chairman. Chaddah, Intel India senior director for operations and strategy, has over two decades of industry experience. “I feel extremely honored for taking up the position of IESA chairman at a time when the Indian electronics and semiconductor industry […]
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ELECTRONICS April 14, 2019 Bharat Electronics Q4 PAT may dip 20% YoY to Rs. 446.9 cr: Prabhudas Lilladher
By: Loknath DasPrabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goodssector. The brokerage house expects Bharat Electronics to report net profit at Rs. 446.9 crore down 20% year-on-year (down 12% quarter-on-quarter). Net Sales are expected to increase by 32.9 percent Q-o-Q) to Rs. 3,609.4 crore, according to Prabhudas Lilladher. Earnings before interest, tax, […]
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ELECTRONICS April 13, 2019 Bharat Electronics Q4 PAT may dip 38.8% YoY to Rs. 342.1 cr: ICICI Direct
By: Loknath DasICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 342.1 crore down 38.8% year-on-year (down 32.6% quarter-on-quarter). Net Sales are expected to increase by 6.5 percent Y-o-Y (up 41.5 percent Q-o-Q) to Rs. 3,843.1 crore, according to ICICI Direct. […]
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