Times of India — NEW DELHI: India’s leading home-grown handset maker Micromax is looking to enter the China market next year as it aims to become the No. 5 player worldwide by 2020, in an intensely competitive market. For achieving this it may raise cash through a public listing or strategically align with a partner, a top executive said.
Times of India — NEW DELHI: Indian consumer electronics company Micromax has added yet another entry-level laptop to its Lapbook series with the launch of the Canvas Lapbook L1160. Made in association with Microsoft and Intel, the L1160 is priced at Rs 10,499. The laptop will be available exclusively on Amazon India starting May 4.
Times of India — GURUGRAM: Leading domestic brand Micromax today announced a complete overhaul of its market strategy to arrest stalling growth in smartphones. Primarily a mobile brand, Micromax has expanded its focus to tablet PCs, LED TVs and laptops and aims to become a complete consumer electronics player.
Times of India — Coming out from an ‘eventful’ 2015, Micromax has set its sights on being No. 1 in India, where it feels it has what it takes to whether the competition with market leader Samsung. Co-founder Rahul Sharma tells ET, that the company won’t be replacing senior executives who have quit as the founders are well equipped to run operations, which has the backing of its investors.
Times of India — NEW DELHI: The promoters of Micromax Informatics have taken full operational control of the company after the departure of some top executives and are focused on taking India’s No. 2 smartphone maker to the top position by dethroning Samsung Electronics in the world’s fastest-growing market. Micromax cofounder Rahul Sharma, speaking to ET, described 2015 as an “eventful” year.
Times of India — NEW DELHI: Domestic handset maker Micromax is expanding its international business, foraying into markets like Middle East, Africa and CIS countries, as it aims to be among the top five global players in the next 3-4 years. Micromax, which ranked tenth at the end of June 2015 quarter as per research firm Gartner, said it has a strong presence in markets like Russia, Bangladesh and Nepal.
Times of India — NEW DELHI: India has surpassed the US to become the world’s second largest smartphone market, crossing 220 million in active unique smartphone users in 2015, a year when Samsung maintained its leadership position and Apple made big strides. “This speaks volumes for the scale India market provides for any player in the mobile connected ecosystem.
Times of India — NEW DELHI: Mobile phone industry players of India and China will deliberate on cooperation opportunities to enhance handset manufacturing eco-system in the country. “Chinese companies are keen to participate in the ‘Make in India’ campaign and establish mobile handset & component manufacturing facilities here,” Mobile World (Shoujibao) Shenzhen Founder & CEO Wu said in a statement.
Times of India — NEW DELHI: Sales of 4G devices in India are growing at a fast pace, led by a fall in prices, growing digital engagement with mobile phones and cheaper data plans. 4G is rapidly eating into the share of 3G, which is losing its grip on the smartphone market. And, the big push is coming from the leading telecom players of the country.
Times of India — KOLKATA/MUMBAI: Seven years old mobile phone maker, Micromax has crossed Rs 10,000 crore in annual revenues during year to March 2015, and is now within striking distance of one of the world’s largest consumer electronics brand Sony in the Indian market. Micromax Informatics grew sales by a whopping 47% in 2014-15 to Rs 10,450 crore, while Sony’s Indian unit grew its business 10% with revenue at Rs 11,010 crore, according to their annual return filed with the Registrar of Companies (RoC).
Times of India — NEW DELHI: Social networking giant Facebook is partnering with telecom companies such as Bharti Airtel and smartphone vendors including Micromax Informatics and Samsung Electronics to provide them with customized targeted advertising and increase their revenue growth.
NEW DELHI: Launched recently Micromax Canvas Pace 4G Q416 has now been listed at the company’s official website and is available for buying via various online stores. Priced at Rs 6,821, the smartphone features a 5-inch FWVGA (480x854p) display and is powered by 1.1GHz quad-core Snapdragon 210 processor and 1GB RAM and runs Android 5.1 Lollipop.
Times of India — NEW DELHI: After 4G devices, the next big thing in the fast-growing Indian smartphone market will probably be handsets that support Voice over LTE (VoLTE), a facility that allows users to speak over high-speed data networks. LG, Lenovo, Micromax and Intex are lining up plans to bring consumers these future-ready devices as telecom operators start offering these services using LTE (Long Term Evolution), a 4G standard.
Times of India — NEW DELHI: Domestic handset maker Micromax has launched Canvas Pace 4G Q416 smartphone in India. The entry level smartphone is priced at Rs 6,821 and is currently available on eBay India. The dual-sim smartphone features a 5-inch FWVGA (480x854p) display and is powered by 1.1GHz quad-core Snapdragon 210 processor and 1GB RAM and runs Android 5.1 Lollipop.
Digi Times — Shipments of smartphones in India totaled 28.3 million units in the third quarter of 2015, up 21.4% from 23.3 million units shipped for the same period of a year earlier, according to IDC. In the third quarter, the 4G enabled devices have witnessed almost a three-fold increase in unit shipments over the previous quarter, IDC noted.
Times of India — NEW DELHI: Micromax Informatics, India’s second-largest smartphone vendor, said that it remained the largest home bred player, disputing the findings of research firm IDC which showed that Intex had surpassed it to become the leading local supplier in overall handset market in the third quarter. “We continue to retain our No.2 position (behind Samsung). We imported almost 9.7 million devices in the (third) quarter.
Times of India — HYDERABAD: Andhra Pradesh signed MoUs with low-cost Indian mobile phone manufacturers Micromax, Celkon and Karbonn for setting up of a mobile manufacturing hub at Tirupati. The MoUs were signed in Vijayawada in presence of chief minister N Chandrababu Naidu. The state government described this as the first step towards making the state an electronics manufacturing hub.
Times of India — NEW DELHI: It’s a no-holds barred slugfest between incumbent Micromax and challenger Intex for the No. 2 spot in the lucrative smartphone space in the world’s fastest growing market. The fight reflects the intensity of the battle for buyers and the volatile nature of the Indian market, the world’s fastest growing after China.
Digi TImes — MediaTek has announced an enhanced strategic collaboration with Micromax Informatics, India’s leading handset player. The partnership aims to accelerate 4G accessibility and fuel faster smartphone adoption in India’s rapidly growing market, the chip provider said. MediaTek disclosed that as part of its India roadmap, the company announced the availability of its Helio-series SoCs targeted at high-end smartphones; and the intention for Micromax to become the first Indian brand to launch a device on the new Helio platform using the Helio X10.
Times of India — NEW DELHI: Country’s second-largest handset vendor Micromax said it expects one-fourth of its smartphone sales volume to come from 4G devices by end of the year. The company, which has four LTE-enabled devices in its portfolio is looking to aggressively scale up the number to over 10 devices by the end of December.
Times of India — NEW DELHI: Sanjay Kapoor is stepping down as chairman of Micromax, a little over a year after joining the country’s No. 2 handset maker. “Mr Sanjay Kapoor has decided to move on,” the company said in an email to ET. Several people aware of the matter said his departure stemmed from differences with promoters over strategy.
Times 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.
Times 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.
China 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.
NEW 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.
NEW 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.
NEW 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.
NEW 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 %).
NEW 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.
HONG 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.