India smartphone market logs 169 million units shipment in 2021, highest till date

India’s smartphone market registered its highest-ever shipments at 169 million units in 2021, according to a report by Counterpoint Research. Preliminary data from Counterpoint Research’s Market Monitor service said India’s smartphone shipments crossed 169 million units in 2021 to register 11 per cent year-on-year growth from about 152 million units in 2020. The market showed … Read more

Government slaps Xiaomi with ₹653-crore demand notice

The government on Wednesday said three show-cause notices have been issued to Chinese technology major Xiaomi for the recovery of ₹653 crore duty for a period of about three years from April 1, 2017 to June 30, 2020. “After completion of the investigation by the DRI, three show-cause notices have been issued to M/s Xiaomi … Read more

Samsung may ‘kill’ one of its most popular smartphones

It has been in the works for a while now and won’t come as a surprise but it looks like the Samsung Galaxy Note series of smartphones will soon fade into oblivion. Samsung didn’t launch a new Galaxy Note smartphone this year and officially confirmed it had no plans to do so and now a … Read more

Steve Jobs’ most magical feat took a decade to reveal itself

When Steve Jobs resigned as Apple CEO in August 2011, it marked the end of an epic 15-year burst of creative and commercial energy. Jobs’ successor, Tim Cook, was a skilled operator with no evidence of product vision. Even the most bullish Apple fans would not have imagined what’s happened since Cook took over. See … Read more

Google just unveiled its first smartphone chip, signaling its biggest challenge yet to Apple and Samsung. Here’s what it means for the Pixel 6.

Google unveiled its first chip made specifically for its Pixel phones on Monday. The chip, called Tensor, should bring better AI performance to Google’s new phones. Google is following Apple’s strategy by making its own smartphone chips. Google’s first gambit to challenge Apple and Samsung’s dominance of the smartphone industry came in 2016, when it … Read more

Samsung leads global smartphone market in Q2 despite decline: Report

Global smartphone market grew 19 per cent (year-over-year) but declined by 7 per cent quarter-over-quarter as 329 million units were shipped led by Samsung, a report said on Thursday. Samsung retained the number one spot with shipments reaching 58 million units in Q2 2021, however, its market share declined to 18 per cent as compared … Read more

Xiaomi is world’s No. 2, beats Apple

Xiaomi has become the world’s second biggest smartphone maker over the past quarter following an 83% jump in shipments, according to preliminary estimates by Canalys. This marks the first occasion that Xiaomi, the Chinese maker of everything from rice cookers to gaming monitors, has broken into the top two, historically dominated by Samsung and Apple. … Read more

Apple taps debt markets to raise $14 billion for future shareholder payouts

Apple is taking advantage of the low interest rate environment to raise $14 billion in debt, according to Bloomberg. The debt offering will include 40-year bonds and proceeds from will go towards buying back stock and dividend payments. Apple ended its most recent quarter with $196 billion in cash, and $112 billion in debt. Sign … Read more