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News Source : Electronics


Meet Lei Jun, the Chinese billionaire who wants to give TV makers in India a hard time
Xiaomi founder Lei Jun said that the company expects to disrupt India’s TV industry the way Reliance Jio disrupted the telecom space.

LG India shuffles top deck again even as demand stays lacklustre
Company veteran Rajeev Jain, who was heading modern retail, brand shops and sell out which involves drawing up strategies to ensure last mile sale to consumers, has been made director for new market development.

TCL television sales volume surges by over 120% in India in 2017
TCL was re-launched in India as an Amazon exclusive 18 months back and is now also making in-roads into offline distribution network for deeper regional penetration.

Canon India eyes Rs 3,500-cr annual sales by FY 2020
The company is strengthening its network - Canon Image Square - by adding around 30 more retailing points and taking the total number to 280 points by the end this year.

After Xiaomi, Thomson may trigger price war in the Rs 22,000 cr television market in India
France’s Technicolor SA-owned brand Thomson has entered into an exclusive licensing agreement with Indian contract manufacturer Super Plastronics whereby it launched three television model at an aggressive price.

Panasonic aims for 30% market share in high-end camera segment by 2020
The Japanese consumer electronic maker, as per its strategy, would focus on providing high-end 4K video recording features along with still images through its range of mirror-less cameras.

After duty cut, TV makers may switch to 'Make-in-India' mode
A CEAMA member said LG and Samsung will now start their local production plans afresh since they too had been looking at importing panels from Korea.

AC market to grow at 15 to 20% in 2018
The upgradation of energy efficiency parameters from January 2018 has resulted in 4 to 6% increase in the AC prices.

AC makers Voltas, LG expanding production by up to 20% to meet demand this summer
The white goods industry, which has been battling poor sales for over six months, expects air-conditioner sales to grow almost 20% this summer based on early sales trend and forecast.

Samsung brings world's first 'wind-free' air conditioner to India
The base price of the first of its kind air-conditioning machine would be Rs 50,950; the product is said to reduce energy consumption by up to 72 per cent.

Samsung unveils new range of a/cs priced from Rs 50,950
The new air-conditioner is integrated with the company's Wind-Free Cooling technology into its design providing customer with cooler indoor climate and optimal energy efficiency.

Samsung India sets sales goal of over $10 billion this year
Sales will be driven by smartphones, premium television and appliances like refrigerators and washing machines, which will be the focus areas of the company this year.

Most important thing for a smart TV is that its software should be upgradeable: Xiaomi Co-Founder Wang Chuan
The Chinese Smartphone giant launched Its fourth generation smart TV-- the MiTV, which was first showcased at CES in 2017-- alongside the Redmi Note 5 and Note 5 Pro.

Ridaex Tech acquired by their branding partner GotMatter Pvt Ltd
Bengaluru - GotMatter Pvt Ltd a Bangalore based IT & E-Commerce company has succeeded in acquiring Ridaex Technologies which had made a name for itself by m...

TV makers may review plans to Make in India
In light of the new tax on imports of "open cell" LED TV panels, electronics giants mull scaling down local assembling.

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