ELECTRONICS
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ELECTRONICS 
December 3, 2019 ‘3 lakh jobs coming to electronics-manufacturing sector in Telangana’: KT Rama Rao
HYDERABAD: Over three lakh jobs will be generated in the electronics-manufacturing sector in the next four years, Minister for Industries and IT&C KT Rama Rao said on Monday while inaugurating Intel India’s new design and engineering centre in Hyderabad. He added that 30,000 employment opportunities have already been generated in the electronics-manufacturing sector, and the […]
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ELECTRONICS 
December 2, 2019 LG Electronics India posts ₹1,534-crore profit in FY19
Total revenues for FY19 stood at ₹15,945.20 crore Consumer durables company LG Electronics India posted a net profit of ₹1,534.50 crore in FY19, clocking 5.52 per cent growth over the previous fiscal. The company, which is a wholly-owned subsidiary of South Korean consumer durables major LG Electronics, had reported a net profit of ₹1,454.20 crore in FY18. Total […]
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ELECTRONICS 
December 1, 2019 LG Electronics appoints TV and mobile chief as its new CEO
Seoul: LG Electronics Inc. has said it has appointed Brian Kwon, head of the firm’s TV and mobile business, as its new chief executive officer (CEO). The board of directors at the Korean tech giant picked Kwon to replace incumbent CEO Jo Seong-jin, who took the top post in 2016. Jo, nicknamed “Legend of the Washing Machine,” has […]
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ELECTRONICS 
November 30, 2019 Air Marshal R K S Shera visits Bharat Electronics Bangalore units
Air Marshal R K S Shera, Air Officer Commanding in Chief, Maintenance Command, visited the Bharat Electronics’ Bangalore Complex. Air Marshal visited the Electronic Warfare and Avionics (EW&A) and Missile Systems Strategic Business Units of BEL. BEL’s Director -Bangalore Complex, Vinay Kumar Katyal, briefed the Air Marshal about various strategic initiatives undertaken by BEL into […]
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ELECTRONICS 
November 13, 2019 Nidec Group acquires OMRON Automotive Electronics
OMRON Automotive Electronics has become part of the Nidec Group. Now known as Nidec Mobility, the company will work closely with Nidec’s automotive motor business unit to develop new modules and systems that combine the motors, pumps and gears of the Nidec Group with the electronic control units, and other electronic components, of Nidec Mobility. […]
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ELECTRONICS 
November 11, 2019 Stock corner: ‘Hold’ Bharat Electronics, an overall miss for company in the quarter
Maintain Hold with an unchanged TP of Rs. 125 as we roll over the valuation to March 2021. Sedate execution in the defence segment (up ~10% y-o-y versus our forecast of 30%) led to an overall miss for Bharat Electronics (BHE). Key highlights: (i) Defence revenue grew 10% y-o-y, adjusting for Rs. 12.6-bn EVM/VVPAT execution […]
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ELECTRONICS 
November 10, 2019 Citigroup maintains buy on Bharat Electronics, cuts target price
Citigroup has cut target price on Bharat Electronics in the long term while maintaining a buy rating. he stock ended down 5.8% at Rs 112.50 on Tuesday while the BSE Sensex closed 53.73 points down at 40,248.23. Company Financials For the quarter ended 30-09-2019, the company has reported consolidated sales of Rs 2663.57 crore, up 29.19% from last […]
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ELECTRONICS 
November 6, 2019 Buy Bharat Electronics, target Rs 116: Kunal Bothra
Independent Analyst Kunal Bothra Ihas a buy call on Bharat Electronics Ltd.NSE -2.84 % with a target price of Rs 116. The current market price of Bharat Electronics Ltd. is Rs 112.5. Time period given by the analyst is Intra Day when Bharat Electronics Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs […]
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ELECTRONICS 
November 5, 2019 NASA Has a New Method For Cooling Down Electronics Crammed Together in a Spacecraft
One of the most exciting things about space exploration today is the ways in which it is getting more cost-effective. Between reusable rockets, miniaturized electronics, and low-cost launch services, space is becoming more accessible and populated. However, this also presents a challenge when it comes to conventional methods for maintaining spacecraft and satellites. One of […]
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ELECTRONICS 
November 3, 2019 Samsung Electronics Q3 profit slumps 52%
Samsung Electronics, the world’s largest smartphone and memory chip maker, saw net profits slump by more than half in the third quarter, it said Thursday, hit by an enduring downturn in the global chip market. Net profits in the three months to September were 6.29 trillion won ($5.40 billion), it said in a statement — […]
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ELECTRONICS 
November 2, 2019 Ziox Electronics to diversify product business, enters TV Segment, launches 7 new TVs
The products are available at Pan India Level both Online and Offline. Ziox Electronics, announced its entry into the TV segment in India, with the launch of 7 new LED TVs, bringing series of HD, Ultra HD and Smart TVs at the most affordable price points. The product suite includes 24inch, 32inch, 40inch, 50inch and 55inch LED TVs. The TVs […]
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ELECTRONICS 
November 1, 2019 Samsung Electronics third-quarter net profit slumps 52%
SEOUL: The world’s largest smartphone and memory chip maker Samsung Electronics saw net profits slump by more than half in the third quarter, it said Thursday, hit by an enduring downturn in the global chip market. Net profits in the three months to September were 6.29 trillion won ($5.40 billion), it said in a statement — down […]
