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They face supply-chain disruptions amid the global shortage in semiconductors

April 12, 2021 They face supply chain disruptions amid the global shortage in semiconductors Owing to pandemic-related challenges and supply chain disruptions amid the global shortage in semiconductors, mobile phone-makers under the production-linked incentive (PLI) scheme are finding it challenging to meet the scheme’s targets for 2022 as well after having already missed the 2021 targets. “The situation is very stressful at the moment for mobile manufacturers,” SN Rai, owner of Lava International Ltd, told BusinessLine. When asked if Lava is confident of meeting the targets this year,...

No job losses in India due to mobile biz exit: LG April 05, 2021 In India, 85 per cent of the smartphone market is dominated by five players, four out of these being Chinese brands   -  KIM HONG-JI In India, 85 per cent of the smartphone market is dominated by five players, four out of these being Chinese brands   -  KIM HONG-JI× Says can retain talent with its vast product range; maintains silence on plant closure South Korea’s LG Electronics’ decision to exit the competitive mobile phone sector will not lead to job losses in India as LG India has decided to internally absorb the em...

Apple Watch garners 51% global market share, India sweet spot, says report IANSMar 6, 2021, 11:21 IST TOI Apple Watch has once again dominated one of the key wearable segment, leading the smartwatch category with a 51 per cent global share in 2020 and further cementing its position in the India market, according to latest reports this week. Watches grew significantly as demand for wrist bands declined during the year, witnessing a 139.3 per cent (on-year) growth with 2.6-million unit shipments last year. According to the IDC, smartwatches, which can run third-party applications on the ...

Packed with industry-leading health and fitness tools, Apple Watch has once again dominated one of the key wearable segment, leading the smartwatch category with a 51 per cent global share in 2020 and further cementing its position in the India ...