The social e-commerce platform enables users to purchase apps in an instant or club with their friends and family to purchase the same and get discounts. While the ShareSave app is available on Android, the company is yet to disclose if it will release an iOS version or a web-based version of the app. Xiaomi posted about this new launch on its official blog.
The idea of the platform is to enable its large Indian audience base to purchase its products as soon as they are launched in its home country China. Xiaomi has conveyed that ShareSave is a global initiative, but it has chosen India to be the launch market for the platform. ShareSave allows for a place where Mi Fans connect, enjoy and share a unique SharetoSave shopping experience.
It also serves as a testing ground for key markets, allowing Xiaomi to learn more about the local demand for various types of product. Galaxy M10 and M20 will go on sale in India from Feb. The Galaxy M10 is powered by the Exynos processor and comes in a 6. The Galaxy M20 features a dual camera setup with 13 megapixel and 5 megapixel configuration. It is also backed by a 5, milliampere-hour mAh battery, larger than the high-end model Galaxy Note 9 with 4, mAh, as well as biometrics options including fingerprint scanner and facial unlocking.
Budget phones dominate the Indian smartphone market, and those priced at around 10, rupees sell most. The company thus far has relied almost entirely on China, but it now intends to change that with its expansion to Indonesia, Vietnam, and India. Regarding the expansion beyond China, Pegatron president SJ Liao said the company will announce more details soon.
The rate of expansion, however, will depend on the ongoing trade war between the U. Smartphone makers in India are calling for export credits on devices and tariff cuts on machinery imports as part of measures they say will make Asia's third-biggest economy a global smartphone manufacturing hub.
The Indian Cellular and Electronics Association ICEA , whose members include some of the industry's biggest names including Apple Inc, made the proposals in a page document reviewed by Reuters and submitted to the government ahead of its annual budget announcement next week. The ICEA confirmed it submitted the document.
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The finance and technology ministries did not respond to requests for comment. The government's 'Make in India' campaign beginning and gradual tax increases on imports of mobile phone components have spurred the creation of more than manufacturing unit. The Bihar government reached out to electronics and telecom companies and industry bodies for skilling of youths of the state and providing them employment opportunities.
Now we want electronics and telecom companies to be part of it. Mr Singh said the state government has no shortage of funds for skilling youth in the state. Titled Project Fruit, the plan to expand the Sriperumbudur unit of Taiwanese phone manufacturer Foxconn to make smartphones including the coveted iPhone has been in the works for over a year. Apple is expected to assemble top-end iPhones in India as early as This would be the first time the Taiwanese contract manufacturer will have made the product in the country.
Importantly, Foxconn will be assembling the most expensive models, such as devices in the flagship iPhone X family, the source said, potentially taking Apple's business in India to a new level. As part of the filing, the company has revealed a number of important facts about the performance of the company in Taking a closer look at the numbers shared as part of the regulatory filing, the company stated a 10 percent increase in the annual revenue of the company and an 11 percent loss in net profit of the company. Overall, the company crossed the Rs 60, crore marker in terms of the annual revenue.
Focusing on the specifics, the company touched Rs 61, In terms of the profit, the company saw a dip of Reliance Jio Infocomm RJio , a wholly-owned subsidiary of Reliance Industries Ltd RIL , is craving out its fibre and tower assets into two separate companies that will provide it the flexibility to lease out the assets at a later point in time. Further to the creation of two separate companies, RJio will continue to function as a telecom service provider. The two new companies — names of which are yet to be decided — will operate as wholly-owned subsidiaries of RJio, sources, who requested anonymity, said.
China-based consumer electronics company Meizu has made its comeback in the Indian market with the launch of three smartphones — Meizu M16th,Meizu M6T and Meizu C9 priced at Rs , Rs and Rs introductory price respectively. The company also launched two new Bluetooth-powered earphones for India market. Chinese companies in India made an advent many years ago. Today, this advent today has transformed into several successful ventures that have changed the form and shape of Chinese business ecosystem in the Indian market.
It is interesting to see how China is determined to have a positive business relationship with India despite the conflicting bilateral relations. Recently, reports were rife that LiuGong India, a wholly owned subsidiary of China-based Guangxi LiuGong, a heavy equipment maker is planning to invest 2. The politics, of course, can be left to the politicians and other leaders, the businessmen have their way, in this case, of course. An increased smartphone penetration, advances in delivery infrastructure and heavy discounts on e-commerce buying are the key reasons behind India being the fastest growing e-commerce market, a new report has revealed.
Consumer electronics segment was learnt to be having the highest online penetration, even as currently e-commerce sales of consumer electronics stood at 17 per cent of the total retail sales in the country. It was followed by apparel and footwear nine per cent , and beauty and personal care one per cent. With e-sales worth of USD billion, the food and grocery segment had one of the lowest online penetration of just 0. It also found that Alibaba and Tencent, both Chinese e-commerce giants, were the best known Asian retail ecosystems.
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The Cupertino, California company's struggle to break through with India's 1. Mobile devices industry body ICEA said Thursday that e-commerce companies accounted for per cent of handset sales last month allegedly due to predatory pricing. In India this month it has hit per cent because pricing is extremely predatory. E-commerce are doing something which they are not supposed to do. He said that e-commerce is growing very rapidly but if it is at the cost offline retail industry. We did a little dipstick in area of Noida.
If you extrapolate this is the kind of stress," Mohindroo said. Chinese smartphone major Xiaomi on Wednesday opened its first company-owned brick-and-mortar Mi Home store in India taking its retail foreign direct investment FDI plans to the next stage after started selling directly to consumers from its own app and e-commerce site, mi. Owned Co. Operated store. Chinese smartphone manufacturer Xiaomi has scaled up manufacturing in India over the last three years.
From one factory in , the company has six located across Tamil Nadu, Andhra Pradesh and Uttar Pradesh, he told newspersons at the launch of three new smart phones — Redmi 6, Redmi 6A and Redmi 6 Pro. About 50 per cent of the phones that we are shipping come with locally manufactured PCB. Xiaomi India is also customising phones for India. This is not about software tweaks but about the phone itself.
For instance, the new phones launched today have dual pyrolytic graphite sheets to dissipate heat faster. The sheets help reduce the surface temperature by two degrees. When the ambient temperature is degrees, two degrees can hurt the user while speaking. The sheets also increase battery efficiency and battery life, he said. Xiaomi Corp.
Since July 1, all new Indian user data have been stored on local servers provided by Amazon. Xiaomi said it had previously been storing user data on Amazon. With IT and telecom industry on the cusp of a data revolution, the need for a skilled workforce, especially in data analytics segment has assumed critical importance. There is a massive flow of data over internet which is expected to increase manifold with the advent of new technologies such as 5G, artificial intelligence, internet of things IoT , virtual reality, robotic process automation, blockchain amongst others.
Data analytics is fast becoming an integral part of organisations due to factors such as improved efficiencies, greater transparency and speed, and a way of reducing costs. Sources said the electronics giant has decided to make India-specific changes in its upcoming operating system upgrade — iOS12 — to be launched around September.
The smartphone gets a dual rear camera setup along with an Artificial Intelligence AI -enabled front camera for enhanced selfie experience. Reliance Jio has rubbished allegations that it was trying to evade import duties by taking alternative trade routes to ship in its 4G feature phone JioPhone, saying it manufactures all those handsets in India. JioPhone devices are not made in India.
As per our understanding, JioPhone devices are all imported from China. ET, July 16, To some it may have come as a surprise that the sprawling manufacturing facility is located in Noida, an area not very far away from the bustling Indian capital, New Delhi. It's a vote of confidence by the South Korean conglomerate in Asia's third-biggest economy and Indian prime minister Narendra Modi and South Korean president Moon Jae-in very rightly led the inauguration ceremony to mark the significance of the occasion.
The investment of hundreds of millions of dollars by Samsung represents a leap forward for India, which has aspirations to become a global manufacturing hub. The Samsung smart phone plant, perhaps, is first among many to big-ticket ventures to come to India, which is very keen to boost the foreign direct investments and diversify its largely agrarian economy.
This had resulted in a drop in wallet transactions over the past few months. In India, Samsung became the top-dog in the smartphone space just as the market boomed. Some Indian firms, such as Micromax also got in the game by importing devices from China, many of them from a company known as BBK Electronics. But the Chinese firms got wise to Indian importers and entered the Indian market on their own. Xiaomi with their low-cost RedMi brand dominates the Indian smartphone arena today.
In front are open fields with grazing cattle, to the left are under-construction residential societies and to the right is its existing facility - this where Samsung has set up what is the world's largest mobile factory. Not China or South Korea -- and certainly not the US -- the tag of housing the world's largest mobile factory has straight away put Noida on top of the world manufacturing map when it comes to consumer electronics.
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One of the first electronics manufacturing facilities set up in the country in the early s, the plant started by manufacturing TVs in The current mobile phone manufacturing unit was added in Ratan Tata acquired a tiny stake in Xiaomi Corp. Both bets paid off. India is its biggest market outside China, driving international sales that contribute more than a quarter of its revenue. Electronics and telecommunication branch of engineering, also approved as electronics and communication by some universities, continues to witness highest number of discontinued courses across India.
As per data available with All India Council for Technical Education AICTE , apex body for technical education in the country, around electronics and telecommunication courses will no longer be available to students.
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These include 40 diploma, 60 degree and 15 post-graduate courses. Last year, courses — 84 degree, 76 diploma and 13 post-graduate — were discontinued.
Electronics and telecommunication engineering comprises designing and manufacturing hardware and software systems that run communication devices such as radio, mobile, television and computer. Computer engineering and its related branches of engineering have witnessed the second highest discontinuation of courses this year.
Nearly 21 diploma, 12 degree and 43 post-graduate computer engineering courses, which includes computer science, engineering and technology, were discontinued for academic year. But now they will face a tougher task to protect their turf because most subscribers of smaller players such as Reliance Communications, Tata Teleservices, Telenor India and Aircel — which are being shut down or sold off — have already moved to the larger operators.
The Telecom Regulatory Authority of India Trai has recommended allocation of 10 MHz of 4G airwaves for free to be used in a network to be used in emergency situations like maintenance of law and order, protection of lif and property and disaster relief as part of an upgraded nationwide broadband based system. Mani has put in his papers at Samsung India, where he was vice president of retail and go-to-market for the mobile division. Mani declined to speak to ET, saying he is not authorized to talk to the media at Samsung. Emails sent to Lenovo-Motorola and Samsung India did not elicit any response till press time.
Chinese smartphone maker Coolpad is open to moving Indian courts against IPO-bound rival Xiaomi over patent infringement, after the company filed seven such cases in China in two different courts since January this year.
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