ELECTRONICS
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ELECTRONICS 
September 14, 2019 Revamped scheme: Ravi Shankar Prasad to meet electronics firm’s bosses
Communications and IT minister Ravi Shankar Prasad. A revamped scheme in which suppliers to an anchor electronics unit are located close to the mother unit is on the cards. The scheme is an extension of the electronic manufacturing clusters (EMC) scheme, which has now been discontinued with no new applications being sought. The government is […]
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ELECTRONICS 
September 13, 2019 Why Fry’s Electronics hasn’t been restocking goods in multiple stores
Fry’s Electronics recently acknowledged it would shut its store in Palo Alto, California, in January because its lease wasn’t renewed. But stores in other places are running out of goods and don’t appear to be restocking them. It seems like another sign of the retail apocalypse. But a Fry’s spokesman said any rumor of impending shutdowns isn’t true. […]
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ELECTRONICS 
September 8, 2019 Smartphone makers, electronics companies to offer exta margins to retailers: Report
Consumer electronics and smartphone makers will give retailers huge margins during the Diwali-Navratri season to boost sales, according to a report in The Economic Times. Top brands such as Samsung, LG, Sony, Panasonic and Xiaomi have increased the festive season trade margin this year, executives told the publication. Moneycontrol could not independently verify the story. Brands have passed on 4-6 […]
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ELECTRONICS 
September 7, 2019 What are the key reasons behind India’s rising electronic exports?
Amid the gloom in India’s economic data, one bright spot that has emerged is the rising trend in exports of electronics. Total production of electronic goods in value terms more than doubled from $31.2 billion in FY15 to $65.5 billion in FY19, led by mobile phones, shows data from the Reserve Bank of India’s annual report […]
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ELECTRONICS 
September 4, 2019 German Consumer Electronics Brand Telefunken to Enter Indian TV Market
New Delhi: German consumer electronics brand Telefunken will make a foray into the Indian market by this month as it introduces its range of LED TVs. Frankfurt-based Telefunken Licenses GmbH, which owns the trademark rights of the company, will enter India with a local partner. Telefunken is brought in India by Japan-based Toyoichi Tsusho Co, which […]
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ELECTRONICS 
September 3, 2019 LG Electronics India beefing up B2B business
Company exploring entry into solar solutions segment LG Electronics India is putting a lot of emphasis in expanding its B2B and enterprises business with new products and offerings, which contributes around 10 per cent to its overall revenues. The company is looking to expand its B2B business to solar power solutions segment by next year. […]
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ELECTRONICS 
August 31, 2019 Mobile phones manufacturing surges 8-folds in last 5 years; electronics goods production doubles
Mobile phones manufacturing has emerged as a flagship sector under the ‘Make in India’ and ‘Digital India’ initiatives. (Bloomberg image) Production of mobile phone in India has shot up 8-folds in the last five years. India produced mobiles phones worth $ 24.3 billion in 2018-19, which was just $ 3.1 billion in 2014-15, according to […]
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ELECTRONICS 
August 30, 2019 MG Motor announces tie up with Delta Electronics for setting up charging stations
China’s SAIC owned MG Motor India Pvt Ltd on Thursday announced its decision to partner Delta Electronics India for setting up charging stations for electric vehicles in different parts of the country. The announcement comes months ahead of the launch of MG’s upcoming electric sport utility vehicle eZS. “As part of the association, Delta will install AC […]
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ELECTRONICS 
August 27, 2019 Niti Aayog, Electronics Ministry spar over Rs 7,000-crore AI mission
The government’s premier think tank Niti Aayog and the ministry of electronics and IT (MeitY) are sparring over the creation of an artificial intelligence mission, people familiar with the development told ET. In an inter-ministerial meeting held earlier this month, MeitY officials verbally raised concerns over the many “overlaps” between Niti Aayog’s 7,000-crore AI road map, and […]
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ELECTRONICS 
August 26, 2019 IFA 2019: What to expect from Europe’s largest consumer electronics show
IFA 2019 kicks off September 6 in Berlin. Here’s what to expect from Europe’s largest consumer tech trade show. (Image credit: IFA Facebook page) IFA, or Internationale Funkausstellung, is Europe’s largest consumer trade show. Held annually in Germany’s capital city of Berlin, this year’s trade show will run from September 6 to September 11. The annual convention will […]
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ELECTRONICS 
August 25, 2019 Kinetic Worldwide executes campaign for Tata CLiQ Electronics
OOH agency Kinetic Worldwide has executed a campaign for Tata CLiQ Electronics. “Understanding the need to increase awareness of the brand with the objective to strengthen its connect in the market, Kinetic smartly used its OOH expertise and adopted a simple communication approach that created a distinguished visibility for the brand,” the company said in […]
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ELECTRONICS 
August 24, 2019 Sphero acquires modular electronics company LittleBits
Sphero, the nine-year-old Colorado-based company best known for its lineup of programmable robots, this week completed a major acquisition that catapults it to the top of the burgeoning science, technology, engineering, arts, and math (STEAM) product market. Today, the company announced it has purchased New York City-based modular electronics startup LittleBits for an undisclosed sum, […]