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The country's largest consumer electronics maker, LG Electronics India, reported 11% sales growth last fiscal year, even as the white goods market grappled with a slowdown in demand post demonetization.
The Economic Times
Solid design and low prices helped China's Transsion Holdings overtake Samsung this year to become the number one smartphone company by sales in Africa, and now it is making inroads into India.
Finacial Times
In India, a country that is emerging as a mobile manufacturing hub, Asahi Glass is looking to tap growing demand for advanced glass products to be used in smartphones and other electronic devices, according to company officials.
The Japan Times
IBM dominated the early decades of computing with inventions like the mainframe and the floppy disk. Its offices and factories, stretching from upstate New York to Silicon Valley, were hubs of American innovation long before Microsoft or Google came along. But over the last decade, IBM has shifted its center of gravity halfway around the world to India, making it a high-tech example of the globalization trends that the Trump administration has railed against.
New York Times (via CNBC)
Over 400 Chinese expats working for Oppo and Vivo in India have returned home after a drop in smartphone sales as anti-Beijing sentiments are rising in the country's large consumer markets. Vivo's chief marketing officer Vivek Zhang also returned home this month, Economic Times reported.
IBTimes
UK telecoms giant Vodafone has merged its Indian business with Idea Cellular, India's third-largest network, to create the country's largest operator.
BBC News
Samsung will sell modified versions of the Galaxy Note 7 in emerging markets, including India and Vietnam, according to Hankyung, which claims the move is designed to help Samsung minimise losses and avoid a potential environmental fine.
Independent
Apple will in the coming months start assembling its lower-priced iPhone SE models at a contract manufacturer's plant in the southern Indian technology hub of Bengaluru, an industry source with direct knowledge of the matter said on Friday.
Reuters
After months of negotiations, Apple is set to start manufacturing iPhones in the Indian tech hub Bangalore, said Priyank Kharge, the state's information technology minister.
CNNMoney
Apple is nearing a deal to manufacture its products in India, according to a senior government official, as the company seeks to boost its sales in a market that is home to more than 1.2 billion people.
Wall Street Journal
Apple Inc. is discussing with the Indian government the possibility of manufacturing its products in the country, according to two senior government officials, as the company seeks to expand its sales and presence in the South Asian nation.
Wall Street Journal
The Reserve Bank of India acknowledged Wednesday that the country's ongoing cash shortage is hurting the economy.
CNNMoney
Huawei Technologies will begin assembling phones in India with manufacturing partner Flextronics International, establishing a beachhead in the world's fastest-growing smartphone arena.
Bloomberg
One97 Communications Ltd., a New Delhi based mobile wallets and ecommerce company, has raised fresh funding in a move to build on its leadership position in India's hot payments and ecommerce scene.
Forbes
World's third largest smartphone seller Huawei will start manufacturing handsets in India soon, details of which will be announced in about a month.
Economic Times
Xiaomi is looking to set up two more manufacturing facilities in India through its contract manufacturer Foxconn Technology Group.
Economic Times
The company has decided to put more focus on growth in East Asia, Europe and the Middle East, while they expect that their Latin American and Asia Pacific businesses will prevail.
AndroidHeadlines
Huawei is in talks with Foxconn to make mobile phones in India, while new entrant LeEco intends to start local production as both Chinese companies look to make a mark in the world's fastest-growing smartphone market.
Economic Times
Foxconn plans to take total production capacity to 2.5 million smartphones a month by year-end 2016 and add 1,000 people to its existing workforce at the India plant.
The Economic Times
Apple cut prices of its latest iPhone 6s and iPhone 6s Plus by up to 16% just two months after their launch in India.
Economic Times
Qualcomm directly invests in Indian mobile and internet start-up companies to keenly foster the local ecosystem.
Company release
MediaTek, which works with India's local handset makers like Micromax, Karbonn and Lava, and has some 500 people across R&D and a design centre in Bangalore, plans to add "a few hundred" people over the next 1-2 years.
Economic Times
Lalvani has more than 20 years of experience in sales, business development, strategic planning and business operations across the IT and telecom sectors.
Company release
Apple distributors have slashed iPhone 4s to below Rs 13,000 (US$205.08), taking the battle right to the doors of domestic and Chinese smartphone players such as Micromax and Xiaomi in the popular mid-range smartphone market.
Economic Times
Cricket Semiconductor, a company set up with the purpose of building and operating $1 billion analog and power semiconductor wafer fab in India has been in talks with state government of Telangana, according to a report in the New Indian Express.
EE Times
Sources familiar with Nokia's plans claim the Finnish company will launch its first smartphones as early as 2016. They will be powered by Google's Android mobile platform and will be manufactured by Foxconn.
Softpedia
Foxconn has said it is aiming to develop 10-12 facilities in India, including factories and data centers, by 2020, but had given no detail.
Reuters
Chinese smartphone maker Xiaomi has decided to sell devices through a leading electronics retail chain in India, part of its effort to move away from online-only sales and boost growth in the world's third-largest smartphone market.
Reuters India
Twitter has acquired Indian startup ZipDial, a Bangalore-based mobile VAS company that came into prominence with its implementation of missed calls for user verification, alerts and other use cases.
Times of India
An India court partially lifted a sales ban on Xiaomi, saying the world's third-largest smartphone vendor could import devices as long as they use chips from Qualcomm.
Bloomberg
In India, probably the most important market for Xiaomi after China, Swedish electronics maker Ericsson has alleged that the Chinese company is infringing on eight Ericsson patents.
Business Week
Samsung has overtaken ITC to become India's second-largest consumer-facing products company by revenues, and now looks set to better Maruti this fiscal to take the top slot.
Economic Times
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