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Gionee eyes spot in top 5 smartphone tally in India by March

Handset maker Gionee aims to secure a spot in the top 5 tally in the Indian smartphone market by March next year as it expands its product portfolio and strengthens retail presence in the country. According to a PTI report:...

Xiaomi shares top slot with Samsung in India

Buoyed by strong sales in the run-up to Diwali, Chinese smartphone player Xiaomi has for the first time shared the top slot with South Korean giant Samsung in the Indian smartphone market, with a market share of 23.5 per...

Tapping into the Indian shopper's mindset

For quite some time now, the transformational growth of e-tailing globally and in India, has led to the death knell being sounded for offline, brick-and-mortar retailers. While it is resoundingly true that the online challenge has greatly impacted the...

Katrina to endorse 'Redmi Y series' in India

Chinese smartphone maker Xiaomi on Thursday appointed actress Katrina Kaif as product endorser for its new 'Redmi Y series' in India. The company also launched new smartphones -- 'Redmi Y1 Lite' at Rs 6,999 and 'Redmi Y1' at Rs 8,999...

iPhone sales in China reach 11mn units

Registering its best performance in China in two years, Apple's iPhone sales for the third quarter of 2017 hit 11 million units, up from eight million units sold during the third quarter last year. "Apple's success in the third quarter...

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...

Flipkart confident to surpass Amazon in smartphone sales

SoftBank-backed Flipkart is confident of extending its lead over US-based rival Amazon in smartphones sales and expects 1 in 2 smartphones sold online during the festive season will be through its platform. "We have been hovering around 2-2.5X of the...

Xiaomi secures US $1bn loan for global expansion

Chinese smartphone manufacturer Xiaomi has secured a US $1 billion loan to expand its footprints globally and increase its retail opportunities, the company said on Friday. The smartphone manufacturer has secured a three-year term US $1 billion syndicated loan agreement...

Xiaomi to clock over US $2 billion revenue from India operations this fiscal

Chinese handset maker Xiaomi is confident of clocking revenues in excess of $2 billion (over Rs12,800 crore) from its India operations this year, doubling its 2016 revenue. According to a PTI report: The growth, according to Xiaomi’s India Head Manu...

Apple begins production of iPhone SE model in India

In a bid to gain foothold in the fast-growing Indian smartphone market, Apple on Wednesday announced commencement of initial production of its popular iPhone SE model at its Bengaluru facility. "We are beginning initial production of a small number of...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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