Xiaomi
Retail
With Rs 34,300 crore revenue, Samsung undisputed market leader in India
IANS -
After registering 27 per cent growth in mobile business revenue for the financial year 2016-17 -- touching a mammoth 34,300 crore -- Samsung has once again become the leader in the highly competitive and price-sensitive Indian market.
"Samsung continues to...
Retail
Xiaomi to set up more plants in India to add capacity
Xiaomi India, popular for its smartphone brand, has plans to set up more plants and add capacity to manufacture phone and products in other categories.
The company currently has three manufacturing plants -- two for phones in Sri City, Andhra...
Retail
Gionee eyes spot in top 5 smartphone tally in India by March
Handset maker Gionee aims to secure a spot in the top 5 tally in the Indian smartphone market by March next year as it expands its product portfolio and strengthens retail presence in the country.
According to a PTI report:...
Retail
Xiaomi shares top slot with Samsung in India
IANS -
Buoyed by strong sales in the run-up to Diwali, Chinese smartphone player Xiaomi has for the first time shared the top slot with South Korean giant Samsung in the Indian smartphone market, with a market share of 23.5 per...
Retail
Tapping into the Indian shopper's mindset
For quite some time now, the transformational growth of e-tailing globally and in India, has led to the death knell being sounded for offline, brick-and-mortar retailers. While it is resoundingly true that the online challenge has greatly impacted the...
Retail
Katrina to endorse 'Redmi Y series' in India
IANS -
Chinese smartphone maker Xiaomi on Thursday appointed actress Katrina Kaif as product endorser for its new 'Redmi Y series' in India.
The company also launched new smartphones -- 'Redmi Y1 Lite' at Rs 6,999 and 'Redmi Y1' at Rs 8,999...
International News
iPhone sales in China reach 11mn units
IANS -
Registering its best performance in China in two years, Apple's iPhone sales for the third quarter of 2017 hit 11 million units, up from eight million units sold during the third quarter last year.
"Apple's success in the third quarter...
Consumer Durables & IT
Xiaomi, Samsung now rule half of Indian smartphone market
IANS -
Samsung and Xiaomi together contributed to almost 45 per cent of the smartphone market in India in the third quarter of this year as the market grew 37 per cent (quarter on quarter) and 18 per cent (year on...
Retail
Flipkart confident to surpass Amazon in smartphone sales
SoftBank-backed Flipkart is confident of extending its lead over US-based rival Amazon in smartphones sales and expects 1 in 2 smartphones sold online during the festive season will be through its platform.
"We have been hovering around 2-2.5X of the...
Retail
Xiaomi secures US $1bn loan for global expansion
IANS -
Chinese smartphone manufacturer Xiaomi has secured a US $1 billion loan to expand its footprints globally and increase its retail opportunities, the company said on Friday.
The smartphone manufacturer has secured a three-year term US $1 billion syndicated loan agreement...
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Ice cream boutique Gold by ICW opens new outlet in Juhu
The boutique features its signature creations such as the 24K gold leaf ice cream, artisanal sorbets, and sundaesBengaluru: Luxury...
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