IT HARDWARE
Mobile phone maker realme partners Sony for upcoming 5G device with AI-imaging feature Realme announced a partnership with Sony to launch the Realme 13 Pro Series 5G, featuring the world’s first Sony LYT-701 camera sensor and AI-imaging technology. Unveiled in Bangkok, this collaboration aims to revolutionize mobile photography with a...
05 Jul, 2024, 03.49 PM ISTRevenue growth to be quite significant for next 2 financial years: Saurabh Gupta, Dixon Technologies I do not want to give you guidance on any number, but clearly the order book looks extremely healthy, not only across mobile vertical which is the largest trigger for our growth, I think so even IT hardware opportunities looking very promising.
04 Jul, 2024, 02.19 PM ISTAI smartphone sales likely to be dull in India in 2024 AI-capable smartphones are projected to constitute only 4-5 per cent of the 152-156 million total smartphone shipments in India this year. Global estimates suggest they will make up 17 per cent of 1.2 billion handsets by 2024. Market experts view sm...
02 Jul, 2024, 12.05 PM IST- ADVERTISEMENT
Amrit Jiwan elected as new MAIT president The Manufacturer's Association of Information Technology (MAIT) appointed Amrit Jiwan as president and aims to encourage domestic IT hardware manufacturing. They align with the New National Policy on Electronics and prioritize tax structuring stabil...
01 Jul, 2024, 09.44 PM ISTReforms in armed forces should be continuous to maintain supremacy during wars: President Murmu President Droupadi Murmu highlighted the government's efforts to boost domestic defence production. She claimed that nearly 70 per cent of defence procurement was sourced from Indian manufacturers in the last year, and reforms resulting in India man...
27 Jun, 2024, 03.06 PM ISTAnti-dumping duty on PCBs hits IT hardware PLI beneficiaries India imposed a 30% anti-dumping duty (ADD) on bare PCBs – an essential component in any electronics product – for five years in March on the commerce ministry’s recommendations following complaints from six local PCB makers, represented by the Indi...
19 Jun, 2024, 08.10 AM IST'Sweeping generalisation': BJP counters Elon Musk over EVM remark The BJP on Sunday accused billionaire entrepreneur Elon Musk of making a "huge sweeping generalisation" by calling for eliminating EVMs, saying his views may apply to the US but not to India. In a recent post on X, Musk had said, "We should eliminat...
16 Jun, 2024, 07.38 PM ISTBangladesh military complains about faulty Chinese parts Bangladesh, a major buyer of weapons from China, has accused Chinese companies of supplying faulty parts and technical problems with its imported military hardware. The Bangladesh military has accused Chinese companies of supplying faulty spare part...
13 Jun, 2024, 07.29 AM ISTElectronics cos charged up for big revenue boost, set to double revenues to $55 billion by FY2027 India's EMS industry revenues are projected to double to $55 billion by FY27, driven by local component sourcing. Apple, Samsung, Lenovo, and other global firms are set to expand operations in India.
10 Jun, 2024, 08.05 AM ISTSmartwatch companies turn to premium buyers looking for upgrade Leading smartwatch brands like Noise, Boult, and Boat are targeting repeat buyers with premium hardware to increase average selling prices and improve profitability amid declining shipments and intense competition. They are using their own processor...
07 Jun, 2024, 09.14 AM ISTIndonesia accepts South Korea warship donation, despite cost concerns Indonesia's parliament has approved a proposal to accept a South Korean donation of a corvette for its navy, despite concerns about the vessel's age and the need for significant maintenance costs. The 36-year-old corvette, Bucheon 773, is seen as a ...
06 Jun, 2024, 06.17 PM ISTCongress slams Devendra Fadnavis over FDI data, says Maharashtra has always been on the top The MVA government under Uddhav Thackeray fell in June 2022 after Eknath Shinde led a rebellion in Shiv Sena and joined hands with the BJP to become the chief minister. Congress is an MVA partner.
01 Jun, 2024, 01.02 PM ISTDell shares slump 18% as heavy AI investments expected to dent margin Dell's stock is projected to lose over $21 billion in market value, despite having experienced a remarkable 80% surge earlier this year. The company, like many others, has made significant investments in advanced server hardware to accommodate the g...
31 May, 2024, 10.22 PM ISTFDI inflows into India fall 3.5 pc to $44 billion in FY24 Foreign direct investment (FDI) equity inflows in India fell 3.49% to USD 44.42 billion in 2023-24 due to lower investments in key sectors like services, telecom, and pharma. Total FDI, including reinvested earnings, declined marginally to USD 70.95...
31 May, 2024, 12.32 AM ISTMark Mobius turns bullish on Chinese stocks amid recent rally Mark Mobius turned bullish on Chinese equities, citing confidence in the recent rebound after advising investors to avoid them in April.
30 May, 2024, 03.38 PM ISTGovt seeks updates from hardware PLI beneficiaries The Indian government is monitoring imports of laptops, tablets, and servers, focusing on 27 companies under the Production linked incentive (PLI) scheme 2.0 for IT hardware. The government is preparing to replace the current import management syste...
29 May, 2024, 12.20 AM ISTRed Sea crisis driving up cost of white goods The Red Sea conflict is causing a shortage of shipping containers, leading to challenges like contract cancellations due to the force majeure clause. Shipping lines are adjusting to the situation post the financial year closure.
24 May, 2024, 02.44 PM IST17 cos to start production this year under IT hardware PLI 2.0 The Indian government is expecting most manufacturers qualified under the revised production-linked incentive (PLI) scheme for IT hardware to start production this year, according to the electronics and information technology ministry secretary S Kr...
10 May, 2024, 11.55 PM ISTAs many as 17 firms under IT hardware PLI to start production this year: IT Secretary Most IT hardware PLI scheme participants, including major players like Dell and HP, are set to commence production this year, according to a Ministry of Electronics and IT official. 17 out of 27 selected companies are expected to begin production, w...
10 May, 2024, 02.50 PM ISTPersonal computer imports from China dip 3 pc during Nov-Feb 2024 Imports of personal computers into India also declined 55 per cent year-on-year to USD 1.06 billion from the world during November-February 2024. On October 19 last year, the government tweaked curbs on imports of laptops and computers as it allowed...
08 Apr, 2024, 07.27 PM IST