Micromax invests in travel apps provider ixigo

Micromax Informatics has invested in ixigo, a provider of mobile travel apps. India’s second largest smartphone maker did not reveal the size of the investment in ixigo. The plan of Micromax is to invest $0.5-20 million in over 20 startups ...

Micromax to invest Rs 500 crore in Hyderabad plant

Micromax will set up its manufacturing plant in Hyderabad with an investment of Rs.400 crore to Rs.500 crore. The unit will come up at mobile manufacturing hub, proposed to be developed in Electronic Manufacturing Cluster (EMC) here. State ...

Intex to ride on phone biz to scale up revenue

Intex Technologies has said that it is riding on the success of its handset business to scale up its revenue. “Nearly 70 percent of our turnover comes from the mobile phones business. We have grown 100 percent from the last year to reach a ...

iPhone maker Foxconn mulls plant in Hyderabad

Taiwanese iPhone maker Foxconn Technology is examining the possibility of setting up a manufacturing facility in Hyderabad. Foxconn Group president Calvin Chin and FIH Mobile Ltd chairman Vincent Whtong met Telangana Chief Minister K. ...

InFocus sells more than 1 lakh smartphones in India

The US-based smartphone maker InFocus has sold more than one lakh smartphones in India since it was launched on March 10, 2015, a company release said. “Within just three months of the launch, it was proved that Indian customers value ...

Lenovo Mobile Business head Liu Jun to step down

Lenovo today said its Mobile Business head Liu Jun will step down. “Liu Jun, executive vice president of Lenovo Mobile Business Group and chairman of the Motorola Mobility management board, will become a special consultant to the CEO on mobile ...

BlackBerry to lay off workers across the globe

In a bid to make its business more profitable, BlackBerry is mulling to lay off a chunk of its workforce in its devices unit. The Canada-based company said in a recent statement that it has decided to consolidate its device software, hardware ...

Patent battle: Apple and Samsung claim victory

Both Apple and Samsung Electronics claimed victory on Monday when a U.S. appeals court upheld a prior patent infringement verdict and threw out a trademark finding that iPhone appearance could be protected. A Reuters report said the outcome of ...

Coolpad to set up manufacturing unit in India

Coolpad Group said it will set up research and development (R&D) center and manufacturing unit in India. Coolpad Dazen aims to become India’s number one smartphone brand in the online space. In line with its strategy to become a world class ...

LAVA revenue in fiscal 2014-15 up 100% to cross $1 bn

LAVA International, a mobile handset vendor in India, said its revenue in fiscal 2014-15 rose 100 percent to more than $1 billion — fuelled by a three-fold increase in smartphone sales. The Indian phone vendor sold more than 26 million ...

Vivo plans manufacturing plant in India

Chinese phone-maker Vivo plans to set up a manufacturing plant in India, a top company official said here on Wednesday. Vivo, which is China’s third largest smartphone manufacturer, is looking to set up the manufacturing facility at ...