ELECTRONICS
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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 […]
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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 […]