BUSINESS
Oppo to introduce GenAI features in entry-level smartphones, says global executive
Oppo aims to sell over 50 million smartphones with GenAI features globally, and will roll out over 100 Generative AI capabilities to its phones this year
BUSINESS
Impact of Vodafone Idea preferential share issue to reflect in July-Sep quarter: Ericsson
The company anticipates that the impact of the Vodafone Idea transaction, in which it took an equity stake to settle outstanding accounts receivables, will be recognized in the third quarter.
BUSINESS
Telecom minister Scindia to meet private telcos on July 16 to discuss industry growth roadmap, reforms
Top executives of three major private telcos, Bharti Airtel CEO Gopal Vittal, Vodafone Idea CEO Akshaya Moondra and Jio Chairman Akash Ambani, are expected to participate in the discussions in Tuesday's meeting.
BUSINESS
Acer re-enters India's smartphone market through licensing deal with Bengaluru-based Indkal
Indkal Technologies will launch a wide range of smartphone models under the Acer brand in mid-2024, expecting to quickly build strong momentum and a significant market share.
BUSINESS
Airtel, Jio to record 10-11% topline growth, Vodafone Idea revenue to drop in Q1
For Airtel, the growth will be on the back of premiumisation-led ARPU growth while the growth for Jio will come on the back of strong subscriber addition
TECHNOLOGY
Apple issues fresh alerts about Pegasus-like spyware attacks to iPhone users in India
Iltija Mufti, daughter of former J&K chief minister Mehbooba Mufti, and Pushparaj Deshpande, founder of Samruddha Bharat Foundation, say that Apple notified them of a possible hack on their phones
BUSINESS
Budget 2024: Telcos dial Fin Min seeking tax reforms, duty relief in 5G gears
On exemption of customs duty, the COAI has requested exemptions on customs duties for certain telecom equipment to alleviate the cost challenges associated with deploying this critical infrastructure
BUSINESS
Budget 2024: Electronics industry wants duty rationalisation, sops to compete with China, Vietnam
The Indian Cellular and Electronics Association, which represents companies such as Apple, Foxconn and Dixon, also wants policy and financial support for building large-scale components and sub-assembly ecosystems
BUSINESS
Smartphone industry expects double-digit revenue growth this year; Apple, Samsung to lead
Market trackers Counterpoint and Canalys estimate India's smartphone industry revenue to grow 14 percent this year. Apple, Samsung, Vivo, OnePlus and Oppo will be the top five players by value market share
BUSINESS
Xiaomi aims to source over 50% smartphone components locally by 2025, no plans for EV launch: India President
Xiaomi's plans align with the Ministry of Electronics and Information Technology's (MeitY) upcoming incentive scheme, set to launch in August-September with an anticipated outlay of Rs 30,000-40,000 crore.
BUSINESS
Apple may revive plans to make iPads in India, eyes Pune for AirPod cases
Last year, Apple shifted its iPad product development focus to Vietnam with BYD after encountering difficulties in obtaining approvals to set up iPad manufacturing operations in India.
BUSINESS
Optiemus drone unit eyes Rs 600-900 crore revenue by December 2025; in talks with govt to deploy up to 6,000 drones
The company plans to invest Rs 140 crore in manufacturing of drones.
BUSINESS
Dixon Technologies in talks with global laptop, tablet makers, to start manufacturing next fiscal
The company plans to drive growth more through joint ventures and partnerships rather than mergers and acquisitions. It aims to capture a 15 percent to 20 percent IT hardware market share over the next two to three years.
BUSINESS
Google to export India-made Pixel smartphones to Europe, US; trial production begins
The base variant of Pixel will be made by home-grown Dixon Technologies, while Foxconn will be responsible for the Pro variants
BUSINESS
Rejig at OnePlus India amid offline boycott woes; Chinese exec named India CEO despite govt push for local talent
OnePlus’s head of offline business, Samrudh Pai, left the company, while Ranjeet Singh, sales director, has been moved to lead the online business
BUSINESS
Top electronics body urges govt to reduce input tariffs to attract GVCs, seeks Rs 45,000-cr sops
High tariffs on inputs reduce exports because they make products uncompetitive, leading to lower production of the final product, such as mobile phones. Addressing this requires a reduction in tariffs on inputs, ICEA Chairman Pankaj Mohindroo said.
BUSINESS
Singtel plans another stake sale round in Airtel via block deals: Sources
The next round could see the telco, owned by Singapore's sovereign wealth fund, sell shares worth Rs 20,000 crore in one or more block deals
BUSINESS
Vodafone Idea looks vulnerable as tariff hike may send 2G users to Jio 4G plans, say analysts
Jio's decision to keep tariffs unchanged for its 4G feature phone users under JioBharat and JioPhone plans could gradually increase its subscriber market share, potentially at the expense of Vodafone Idea's 2G subscribers. Analysts believe Vodafone Idea will struggle to retain its 2G subscribers.
BUSINESS
Airtel, Jio to see 16-18% ARPU benefit from tariff hikes, Vodafone Idea may gain most: Analysts
Vodafone Idea, which is yet to announce tariff hikes, is expected to be the biggest beneficiary, analysts said. The tariff hike came in line with analysts’ expectations of a 20-25 percent tariff hike post-elections and spectrum auctions.
BUSINESS
Higher spending by Vodafone Idea in spectrum auction may stop customer churn: Analysts
Indian telecom operators' selective bidding in the recently concluded spectrum auctions suggests that they plan to fully monetise their current investments before committing new capital expenditure, say analysts.
BUSINESS
Interview: OneWeb, Jio-SES, Starlink, Amazon Kuiper to meet India's SATCOM needs, says Pawan Goenka of In-SPACe
Most companies with a GSO communication satellite globally are interested in obtaining authorisation to launch services in India, Goenka said.
BUSINESS
Airtel, Vodafone Idea to follow Jio in raising telecom tariffs
Both companies have advocated tariff increases for some time, having long advocated tariff increases as essential for sustainable growth
BUSINESS
Auction results above expectations; 5G spectrum demand to rise, say officials
The auction got a muted response, as only 1.34 percent of the available spectrum was purchased. Out of the 10,523 MHz up for sale, telcos acquired 141 MHz
TELECOM
India’s 5G subscriptions to reach 840 mn by 2029, says Ericsson study
India has made large-scale mid-band deployments, covering over 90 percent of the population by the end of 2023 with 5G penetration reaching 10 percent.
