Xiaomi to launch in 10 more countries this year, including India

By about 56 mins ago.

Xiaomi to launch in 10 more countries this year, including India

Xiaomi, the four-year-old smartphone company that sells more smartphones than Apple in China, is planning to sell its smartphones in 10 new markets this year. Lei Jun, Xiaomi's founder and CEO, aims to sell 100 million smartphones annually by 2015, Bloomberg reports. The ten new markets include India, Brazil and Russia along with a few South East Asian countries, Jun announced at a launch event in Beijing today. Hugo Barra, Xiaomi's VP for international markets had earlier mentioned the new markets and said Xiaomi wanted to first launch in South East Asia followed by India and then Latin America. More →
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HTC says it “has no intention” to buy Nokia’s Chennai manufacturing plant

By about 4 hours ago.

HTC says it “has no intention” to buy Nokia’s Chennai manufacturing plant

HTC has denied it has any intentions to acquire Nokia's Chennai manufacturing plant. The facility, which is one of the largest in the world, is in the middle of a tax controversy with the Indian government. Reports in the Indian media yesterday had suggested HTC could look at acquiring the plant. More →
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Motorola Mobility appoints Amit Boni as general manager for India operations

By on April 22, 2014 at 7:41 PM.

Motorola Mobility appoints Amit Boni as general manager for India operations

Motorola Mobility has announced Amit Boni as the company’s general manager for their India operations. He will lead the team across the country and will be responsible for the company’s strategies ahead. With this announcement, it is clear that the company plans to expand its business in India. The company currently exclusively uses Flipkart to retail its products in India. More →
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Nokia plant uncertainty may hit India telecom exports by 40%

By on April 22, 2014 at 7:33 PM.

Nokia plant uncertainty may hit India telecom exports by 40%

India's telecom exports may drop by about 40 per cent if uncertainty about Nokia's plant near Chennai continues and production is affected, the Telecom Equipment & Services Export Promotion Council said. "This year, we saw a dip in telecom equipment exports due to lower contribution from Nokia, which generally accounts for about 70 per cent of handset exports. In case the uncertainty continues regarding their plant, we apprehend there may be a drastic decline in exports," TEPC Secretary RK Pathak said at an event organised by Singapore Exhibitions Services here. More →
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Apple sets its sights on electronic payments: Report

By on April 22, 2014 at 4:25 PM.

Apple sets its sights on electronic payments: Report

According to a number of sources, the company is serious about turning its iPhones into virtual wallets that consumers can use to make both online and in-store purchases. Rumors that Apple was finally getting serious about virtual payments and about replacing cash and credit cards with smartphone apps started to pick up pace in September when the latest iPhone, the 5S, launched with a built-in fingerprint scanner. Called Touch ID it can be used by the phone's owner to unlock the handset and for validating identity and purchases in the App Store and from iTunes. More →
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Reliance Jio to launch 2,000 digital express mini outlets for its 4G LTE services and handsets

By on April 22, 2014 at 3:45 PM.

Reliance Jio to launch 2,000 digital express mini outlets for its 4G LTE services and handsets

Reliance Jio is reportedly planning to open 2,000 Digital Xpress Mini outlets for providing the company’s forthcoming telecom services and devices including smartphones and tablets, and also peripherals from third party vendors. Reliance Jio will launch these outlets in the current fiscal year to sell the company's telecom services including mobile phone and 4G LTE Internet services through these stores, each of which will be about 250 square feet, ToI reports. More →
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Earth Day 2014: Tim Cook advertises green power and environment friendly products in new Apple “Better” video

By on April 22, 2014 at 12:29 PM.

Earth Day 2014: Tim Cook advertises green power and environment friendly products in new Apple “Better” video

On Earth Day 2014, Apple has released a video called “Better”, which talks about the various green initiatives taken up by the Cupertino-based company. The near two minute video is narrated by CEO Tim Cook. More →
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Nokia’s Chennai manufacturing plant’s fate remains uncertain ahead of April 25 deadline

By on April 21, 2014 at 8:28 PM.

Nokia’s Chennai manufacturing plant’s fate remains uncertain ahead of April 25 deadline

Nokia and Microsoft today announced that the acquisition of Nokia's devices and services unit is finally expected to close on April 25. While the deal is almost done, the fate Nokia's Chennai manufacturing facility, which is also one of its largest, hangs in a state of limbo. The plant is in the centre of a tax row and has been frozen by Indian authorities. More →
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