• ELECTRONICS
    India unveils Rs 50,000 crore schemes to attract electronics makers

    NEW DELHI: Union Minister Ravi Shankar Prasad, on Tuesday, unveiled the guidelines for electronics manufacturing schemes with an aim to strengthen domestic manufacturing of five global and five Indian mobile phone makers. The three Schemes namely, the Production-Linked Incentive Scheme (PLI), Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) and Modified Electronics […]

  • ELECTRONICS
    All stocked up, electronics makers see no immediate hit from virus

    NEW DELHI : Indian electronics makers are unlikely to face immediate production disruptions because of the coronavirus outbreak in China, the global manufacturing base for electronic parts, as many of them had stocked up in advance anticipating Chinese New Year holidays. Many of them may have to resort to production cutbacks if the health crisis worsens in China, […]

  • ELECTRONICS
    MeitY to push for more sops to lure electronic makers

    NEW DELHI: The Ministry of Electronics and IT (MeitY) will push the finance ministry to approve additional incentives to attract electronics manufacturers into the country, according to two government officials. The sops include interest subsidy on loans, credit guarantees for plant and machinery and renewal of the Electronic Manufacturing Cluster (EMC) scheme after the earlier one ended […]

  • ELECTRONICS
    Ravi Shankar Prasad to meet electronics makers to draw investment to India

    New Delhi: Union minister for information technology and electronics Ravi Shankar Prasad will meet leaders from smartphone and consumer electronics companies to draw out a roadmap to boost manufacturing in India and make the country an export hub. The day-long meeting on Monday will be attended by at least 50 corporate leaders, including chief executives of […]

  • ELECTRONICS
    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 […]

  • ELECTRONICS
    U.S. electronics makers worry sales to Chinese firms could fall more

    U.S. chip and components manufacturers are nervous about the U.S. trade position with China because many Chinese companies buy and use many billions of dollars of U.S.-made electronics products every year. Simply put, U.S. chipmakers don’t want to lose the enormous Chinese market to sell chips into, analysts said in recent interviews. The lucrative Chinese market […]

  • NEWS
    Spectre-Next Generation: Germany Calls on Chip and Hardware Makers to Tackle Processor Flaws

    Germany’s federal cyber agency called on chip and hardware-makers to address new vulnerabilities discovered in computer central processing units, but said no complete fix was possible at the moment. The BSI agency said its analysis showed the new flaws, dubbed Spectre-Next Generation, resembled the Meltdown and Spectre bugs discovered in January and could allow attackers […]

  • ELECTRONICS
    Budget 2018: Home Appliances Makers Call For Lower Taxes, More Incentives

    Panasonic is looking for a hike in the customs duty for ACE products category such as washing machines. New Delhi: Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the government to lower taxes, give incentives to local manufacturing and increase customs duty on imports. Besides, the ACE (Appliances […]

  • ELECTRONICS
    India pitches $350-m investment ideas to Taiwan electronic makers

    Aiming to make India a manufacturing hub for electronics and semiconductors, the India Electronics and Semiconductor Association (IESA), a body representing the country’s Electronic System Design and Manufacturing (ESDM) industry, is opening its first overseas office in Taipei, Taiwan, today. The office will be inaugurated by Ashwini K. Aggarwal, Chairman, IESA; Mignonne Chan, who will […]

  • COUPONS
    Drug makers use co-pay coupons to help mask their rising drug prices

    Drug maker-funded coupons and patient assistance programs are proving to be an uncertain and often questionable way for patients to afford what a new report shows are increasingly expensive specialty and other brand name drugs. Growth in drug spending by commercial and government insurance plans slowed last year to 5.8% — less than half the growth […]

  • ELECTRONICS
    Japanese Electronics Makers Counting on 4K TVs With Higher Price Tags

    Japanese Electronics Makers Counting on 4K TVs With Higher Price Tags Japanese electronics makers are increasingly focusing on high-value added products, such as high-definition 4K TVs, to bolster their TV businesses. In the domestic flat-screen TV market, there has been a vicious cycle in which inexpensive overseas products led to falling prices, hurting Japanese makers’ […]