India-made smartphones’ share jumps to 24.8% in Q2: Study

IndiaTimes of India — BENGALURU: Government’s ‘Make in India’ initiative seems to have begun bearing fruits as 24.8% of the smartphones shipped in the country during the June quarter were made locally compared with 19.9% in preceding quarter, according to a report. According to the research firm CyberMedia Research, a total of 56.6 million handsets were shipped during the June quarter, of which smartphones comprised 43% (24.8 million units) of the volume.

India to overtake US smartphone market by 2017, Q2 sales up 44%: IDC

IndiaTimes of India — NEW DELHI: After a sluggish first quarter, smartphone shipment in India grew 44% to 26.5 million units in the June quarter as vendors took to online retail to push sales, research firm IDC said.  Also, the market is expected to continue to grow in double-digits over the next few years as people switch to smartphones and gradually upgrade to 4G-enabled phones.

Chinese E-commerce Group Rumored To Buy 25% Stake In Indian Phone Maker

IndiaChina Tech News — Alibaba Group may soon enter into an agreement with Micromax, a mobile phone manufacturer in India, to purchase a 25% stake in the latter for USD700 million. According to reports in Indian local media, this will become the first time for Alibaba to buy Indian phone maker shares as a foreign investor if the deal is successfully signed.

Micromax invests in mobile travel search provider ixigo

IndiaNEW DELHI: Micromax Informatics, India’s second-largest smartphone player, said it has made a strategic investment in ixigo, a mobile travel search & marketplace, as the handset maker tries to create a connected mobile services ecosystem for its devices.  “Our vision is to seamlessly integrate innovative services into smart devices to create an ecosystem that is valuable for our users,” Rahul Sharma, cofounder of Micromax Informatics, said in a joint statement.

Indian smartphone market: It’s no longer just Samsung vs Micromax

IndiaNEW DELHI: Xiaomi announced a drop of Rs 5,000 on its top-of-the-line Mi 4 smartphone on June 19, four months after its launch. Not to be outdone, Samsung offered a discount of Rs 6,000 on its Galaxy Grand Max but just for one day. These dramatic cuts reflect the intensity of the fight for buyers and the volatile nature of the Indian market, the world’s largest after China. Samsung and Micromax are the top two smartphone sellers in India with a combined share of 48%, although it’s not always clear which one of the two is ahead. But even more hotly contested are the next three slots.

Smartphone companies like Micromax, Lava, Karbonn and others shift focus to 4G-enabled sets

IndiaNEW DELHI: Smartphone makers have shifted their focus to devices which support 4G services in India in the lead-up to Reliance Jio Infocomm’s high-speed broadband services launch expected around December this year and Bharti Airtel’s plan to expand its offerings. Global and Indian market leaders Samsung and Apple have launched premium-end 4G devices in the past few quarters, while Chinese counterparts Xiaomi, Meizu, Coolpad, Huawei and recently ZTE are concentrating on the affordable range for better acceptance of 4G devices in India where the service is still at a pretty nascent stage.

Micromax ranks among world’s top 10 mobile makers: Gartner

IndiaNEW DELHI: Homegrown handset maker Micromax ranks among the top 10 global handset vendors with 1.8 % market share during the January-March quarter, according to research firm Gartner. Gartner’s data showed the total sales (features and smartphones) stood at 460.3 million units during the first quarter of 2015, a 2.5% increase from the year-ago period. Korean firm Samsung led by tally with 21.3% share, followed by Apple (13.1%), Microsoft (7.2%), LG (4.3%) and Lenovo (4.2%). Others in the top 10 include Huawei (4%), Xiaomi (3.2%), TCL Communication (3.1 %), ZTE (2.7 %) and Micromax (1.8 %).

Micromax Canvas Doodle 4 launched at Rs 9,499

IndiaNEW DELHI: Micromax has expanded its Doodle series with a budget smartphone, Micromax Canvas Doodle 4, priced at Rs 9,499. For customers buying it online on eBay, it is available for Rs 9,199. The dual-sim phablet has a 6-inch qHD (960x540p) IPS display with Corning Gorilla Glass 3. Powered by 1.3GHz quad-core processor, the phablet comes with 1GB of RAM and offers 8GB of built-in storage. Users who want more storage can install microSD cards of up to 32GB.

Why Chinese smartphone makers are turning to India

IndiaHONG KONG: The most important market for Chinese smartphone makers may no longer be China. For years, hundreds of millions of Chinese have bought new smartphones. In the process, they lifted the fortunes of local handset makers, from the well known like Huawei and Lenovo to the obscure like Coolpad and Gionee. But the era of fast growth is coming to an end in China, where the research group IDC said that phone sales fell 4% in the first quarter from a year earlier, the first contraction in six years. IDC expects no growth in China’s smartphone market in 2015.

Micromax Canvas Nitro 2 launched at Rs 10,399

IndiaNEW DELHI: Indian brand Micromax has listed a new smartphone, named Canvas Nitro 2, on e-commerce website Infibeam. Though a formal announcement about the smartphone is yet to be made, the e-tailer is selling the model for Rs 10,399. The new Canvas Nitro 2 has a 5-inch HD (720p) display with 178-degree viewing angles and runs on Android 4.4 (KitKat). The smartphone is powered by a 1.4GHz octa-core Mediatek 6592 processor that is backed by 2GB RAM. It comes with 16GB internal storage and supports microSD cards with capacities up to 32GB.

One Plus, Micromax end dispute, OnePlus users to get Cyanogen OTA, from India

IndiaNEW DELHI: One Plus smartphone users in India will continue to get software updates of Cyanogen operating system, as the Chinese smartphone maker resolved an ongoing legal battle with Micromax Informatics through mutual consent. In a blogpost on its website on Friday, One Plus said that its customers and fans in India will continue to receive software updates from Cyanogen, in line with users in other markets as all legal proceedings have been resolved and cases have been withdrawn through mutual consent.

One Plus, Micromax resolve dispute over Cyanogen OS, from IN

IndiaNEW DELHI: One Plus smartphone users in India will continue to get software updates of Cyanogen operating system, as the Chinese smartphone maker resolved an ongoing legal battle with Micromax Informatics through mutual consent. In a blogpost on its website on Friday, One Plus said that its customers and fans in India will continue to receive software updates from Cyanogen, in line with users in other markets as all legal proceedings have been resolved and cases have been withdrawn through mutual consent.

Alibaba in talks to buy US$1.2bil stake in Micromax: sources

IndiaMUMBAI: Alibaba Group Holding is in talks with India’s Micromax Informatics to buy an about 20% stake in the smartphone maker, helping the Chinese e-commerce giant expand in one of the world’s fastest growing markets for the devices, several people with direct knowledge of the matter said.  The deal, if completed, would see Alibaba investing as much as US$1.2bil (RM4.31bil) in Micromax, the second-largest smartphone brand in India by sales, and would value the company at up to US$6bil (RM21.58bil), two of the people said.

India smartphone market contracts but Samsung maintains leadership in Q1 : CMR

IndiaNEW DELHI: Samsung retained its leadership in the India smartphone and overall market even as smartphone market contracted 7 per cent sequentially, in January to March quarter 2015, analysts at CyberMedia Research said Tuesday. India’s mobile handsets market declined 15 per cent in terms of overall shipments over Q4 2014, to 53 million mobile handsets of which, 37 per cent (19.5 million) were smartphones, CyberMedia said. Featurephone shipments declined 18 per cent sequentially.

Micromax Canvas Play listed online

IndiaNEW DELHI: Indian handset brand Micromax has expanded its Canvas series with the launch of a new smartphone, Canvas Play. The smartphone has been listed on the company website and is available via online website at Rs 7,490. At this price, the smartphone competes with Lenovo A6000 Plus, Gionee Pioneer P4S and Spice Stellar 526n. The dual sim smartphone features a 5.5-inch FWVGA (480×854) display. Powered by a 1.3GHz MediaTek quad-core processor, Canvas Play has a 1GB RAM, and comes with 8GB internal storage, which is expandable up to 32 GB via microSD card.

Micromax looks for strategic investors to diversify portfolio

IndiaNEW DELHI: In a move to stay competitive against rivals like Samsung and Xiaomi, domestic mobile handset maker Micromax is planning to rope in strategic investors on its board in the next 2-3 months, as part of its plans to expand product portfolio and services.  “Micromax is looking at beefing up investments in research and development of its products and services and so, getting a strategic investor on board makes sense,” sources said. They added that the company is in discussions with potential partners and these kind of decisions “take time”.

Micromax to go for flash sales in bid to protect market share

IndiaNEW DELHI: Micromax is introducing ‘flash sale’ to its online retail strategy as the country’s second largest handset maker looks to maintain its breakneck growth rate and take competition such as Xiaomi and Motorola head-on. Micromax, which clocked 54% jump in its revenues for the year ended March 2015 at around Rs 10,000 crore, will offer exclusive products in different price ranges with online retailers Flipkart, Amazon and Snapdeal, its chief executive Vineet Taneja said.

Micromax’s Redmi 2 rival priced under Rs 6,000: Sources

IndiaNEW DELHI: Indian handset brand Micromax is gearing up to launch a new entry-level Android smartphone that will offer features rivalling premium budget phones from Xiaomi, Motorola and Lenovo. According to industry sources, Micromax’s new phone is an entry-level device phone is likely to be priced below Rs 6,000 and sold via flash sale model on Snapdeal most likely starting last week of April. ​The phone will sport a screen that will measure between 4.3- to 5-inch and be powered by a quad core processor. Other details are not known at the moment.

Micromax Bolt S300 available online at Rs 3,300 ($53)

IndiaNEW DELHI: It seems Indian handset maker Micromax is soon going to launch an all new budget smartphone — Micromax Bolt S300. The smartphone is available online at an e-commerce website for Rs 3,300. The smartphone comes with a 4-inch WVGA (480x800p) display. Powered by 1GHz single-core processor, Micromax Bolt S300 has 512MB RAM, and comes with 4GB of internal storage. Users can also install microSD cards of up to 32GB for more storage.

SoftBank leads group in talks to buy up to $1 billion stake in Micromax: Sources

IndiaMUMBAI: A group of investors led by Japanese mobile telecom firm SoftBank Corp is in talks to buy a 20 per cent stake in Indian handset maker Micromax Informatics for up to $1 billion, two people aware of the discussions said. The investment would value Micromax, an unlisted provider of affordable smartphones that competes with South Korea’s Samsung Electronics Co, at around $5 billion, the people said. They did not want to be named because the talks aren’t public.