• ELECTRONICS
    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 […]

  • ELECTRONICS
    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 […]

  • ELECTRONICS
    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 […]

  • ELECTRONICS
    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 […]

  • ELECTRONICS
    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 […]

  • ELECTRONICS
    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 […]

  • 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 […]