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Consumer Electronics News

27 Jan 2022

BoAt IPO: Consumer electronics brand files papers for IPO, check offer details

Imagine Marketing was founded in 2013 while its flagship brand BoAt was introduced in 2014. BoAt has established leading market positions in volume and value. BoAt's operating revenue grew at a CAGR of 141 per cent from FY19 to FY21.

24 Jan 2022

Budget 2022 Expectations: Consumer electronics industry seeks govt incentives

The budget session will start on January 31, with Finance Minister Nirmala Sitharaman presenting the annual budget on February 1. Air conditioners, refrigerators, and washing machines have all become necessary household appliances.

16 Oct 2021

Dutch and European startups showcase their gadgets at Consumer Electronics Show Unveiled, Amsterdam

Dutch and European startups are showcasing their latest gadgets at Consumer Electronics Show (CES), CES Unveiled Amsterdam runs from 14th-15th October. A relaxation VR app, an electric scooter, and a medical backpack are just a few of the gadgets on display at CES Unveiled Amsterdam.

28 Jan 2021

Why OnePlus co-founder Carl Pei named his technology venture ‘NOTHING'?

OnePlus co-founder Carl Pei's new consumer technology venture 'Nothing' will unveil its first smart devices in the first half of this year. The London-based company, which has raised USD 7 million (about Rs 51.4 crore) in seed financing, also counts Indian entrepreneur Kunal Shah among its investors.

27 Jan 2020

Budget 2020: Consumer electronics industry seeks tax relief, incentives

The CEAMA has urged the government to offer incentives for manufacturers to produce energy-efficient products which will be in line with the government's focus on sustainability in a pre-budget memorandum.

Consumer Electronics Show

07 Jan 2017

Consumer Electronics Show 2017: Major launches so far

With the world`s biggest annual electronics event -- Consumer Electronics Show(CES-2017) -- commenced, people are seeing a large range of Artificial Intelligence (AI) devices, robots and self-driving cars open a new window to the future of our increasingly technology-driven world.

21 Sep 2016

Xiaomi to bring crowdfunding platform to India

Chinese tech firm Xiaomi may soon bring its 'crowdfunding' platform to India that will help start-ups working on consumer electronics to sell their wares through the medium.

19 Dec 2015

Toshiba set to forecast a record annual loss of $4.13 billion

Toshiba Corp is expected to forecast a record net loss of more than 500 billion yen (USD 4.13 billion) for the year ending March on restructuring costs, Nikkei reported on its website on Saturday.

Consumer Electronics

22 Aug 2015

Tesla engineer joins Apple's growing team of automated car experts

Consumer electronics company Apple Inc has hired a senior engineer from electric car maker Tesla Motors Inc , according to a LinkedIn posting, as part of Apple`s effort to build a team of experts in automated driving.

Alibaba Holdings Group

10 Aug 2015

China`s Alibaba to take $4.6 bn stake in retailer Suning

Chinese Internet giant Alibaba is to pay 28.3 billion yuan ($4.6 billion) for a nearly 20 percent stake in consumer electronics retailer Suning, the two companies said in a statement Monday.

Videocon Industries

04 Jul 2015

Videocon plans $2.5 billion Brazil oil and gas investments

Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group`s chief said, as part of its strategy to boost the business.

28 Jun 2015

'Tax structure, lack of incentives impacting electronics manufacturing'

Inverted duty structure and lack of incentives are impacting the manufacturing of consumer electronics and appliances in the country, CEAMA has said.

19 Apr 2015

India Inc calls for incentives to boost consumer electronics output

India Inc on Sunday called for demand and supply side incentives to boost consumer electronics manufacturing for fulfilling the 'Make in India' campaign objectives.

Panasonic India

20 Mar 2015

Panasonic India aims to capture 5% mkt share in solar segment

Consumer electronics major Panasonic India will focus on expanding its solar products range and is looking at capturing 5 percent market share in this segment in a year.

09 Oct 2014

Philips launches television range with Apple TV features

Priced at Rs 29,990 onwards, the new range would be a unison of the features, innovations of the two brands - Philips and Apple, PE Electronics said in a statement.

22 Jul 2014

Facebook closes $2 billion Oculus deal

Facebook has reportedly closed the 2 billion dollars Oculus VR deal, placing the world's largest social-networking company squarely in the consumer electronics industry.

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