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Samsung eyes 50% market share in India’s super premium segment with Fold 5, Flip 5

Super premium smartphone segment comprises handsets priced above $1,000 (about Rs 82,000) Seoul: Korean electronics major Samsung expects its new foldable devices Galaxy Fold 5 and Galaxy Flip 5 will enable it to capture half of the super premium smartphone...

Apple sets September quarter record in India: Tim Cook

Apple CEO Tim Cook has revealed that the company set its September quarter record in India this year, also partly due to the launch of Apple Store Online that went live in the country on September 23. Third-party data from...

Eager to see customers at our 1st India retail store: Apple

Welcoming the Narendra Modi cabinet's decision to ease the 30 percent local sourcing norm in single-brand retail (SBRT), Apple on Thursday said it looks forward to welcoming customers at its first branded retail store in India soon. In a statement...

Reliance’s e-commerce dream to swallow everyone out there

When Paytm Mall started, it took a cue from its investor Alibaba and aimed to become a digital universe for everything. As part of its initial offers, the company started giving cashback to attract customers. According to Pavel Naiya, Senior Analyst,...

India manufacturing, retail top priority: Tim Cook

Reiterating that India is an important market for Apple, CEO Tim Cook said the current iPhone manufacturing will see maximum growth in days to come amid the renewed push to open its branded retail stores in the country. In an...

100 pc FDI In Single-Brand Retail: Apple, Chinese companies could turn big beneficiaries

Tech giant Apple and Chinese handset makers like Xiaomi and Oppo could turn out to be big beneficiaries of Government allowing 100 per cent FDI in single brand retail under automatic route, say analysts. According to a PTI report: Setting...

Apple hikes iPhone prices in India post-customs duty hike

After the Government hiked the customs duty from 10 per cent to 15 per cent for mobile handsets last week, Apple on Monday became the first manufacturer to raise prices (on MRP) across iPhone models, except iPhone SE that...

Xiaomi, Samsung now rule half of Indian smartphone market

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...

Will global giant Huawei finally shine in India this year?

As competition gets fierce and margins turn razor-thin in the evolving Indian market, Chinese smartphones makers are fast reworking their strategies to gain an upper hand. But the road ahead is full of uncertainties. Take the case of Shenzen-headquartered company...

This is how the great LeEco India story went bust

After arriving in India in January last year, Chinese Internet and technology conglomerate LeEco fast became the true disrupter in the evolving Indian smartphone market with its huge marketing spend -- and the announcement of a state-of-the-art assembling/ manufacturing...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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