President Donald Trump threatened Apple with a tariff of at least 25% if it does not manufacture its iPhones in the US, ramping up pressure on the tech giant to secure more domestic production. “I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United … Read more
Xiaomi led the wearable band market in Q1 2025, after refreshing uts Mi Band and Redmi Watch models earlier this year, according to a Canalys report. The Beijing-based technology firm surpassed Apple and regained the top vendor spot, as its shipments saw an annual growth of 44 percent. Huawei, Samsung, and Garmin were in third, … Read more
Even if the United States were to impose a 25 per cent tariff on iPhones manufactured in India, the total production cost would still be much lower if compared with manufacturing the devices in the U.S, according to a report by Global Trade Research Initiative (GTRI). This comes amid a statement by U.S. President Donald … Read more
Sony Group Corp. nudged up its revenue outlook on strong music sales and a surprise boost from Chinese videogame hit Black Myth: Wukong to its PlayStation segment. The Tokyo-based company said it now expects net revenue of JPY 12.71 trillion ($83.2 billion or Rs. 7,02,023 crore) in the year to March, up slightly from its previous forecast. … Read more
Microsoft said on Tuesday it was laying off less than three percent of its workforce, or around 6,000 employees, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence. The cuts will be across all levels and geographies and are likely the largest since Microsoft laid off 10,000 employees in 2023. The company let … Read more
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations and plans to hire new people to fill their roles this year, according to an internal memo sent to all employees. As of September, Meta employed about 72,000 people, so a five percent reduction could affect roughly 3,600 jobs. “I’ve decided … Read more
PC shipments in India witnessed an eight percent surge in the January-March period (Q1) in 2025, as per a report by market research firm IDC. HP enjoyed the lion’s share of domestic PC shipments with 29.1 percent market share in the mentioned period. Lenovo and Dell secured the second and third spots with Acer and Asus taking the fourth … Read more
Sony has discounted PlayStation Plus Extra and Deluxe tier membership prices in India. The discount applies to annual subscriptions for both plans, with PS Plus Extra getting a 25 percent discount and PS Plus Deluxe getting a 35 percent discount. The higher tier plans bring benefits that include access to the Game Catalog and Classics … Read more
India’s smart TV shipments recorded growth of 8.6 percent year-over-year (YoY) in 2024, pointed out International Data Corporation (IDC). The growth was fueled primarily by the increased demand for smart TVs with 55-inch and larger displays and a rise in offline shipments, the report stated. Samsung led India’s smart TV market in the previous year … Read more
Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50 percent and a clear sign of Apple’s efforts to bypass high US tariffs imposed on China. The numbers, being reported by Reuters for the first time, show Apple has realigned its India exports to almost exclusively serve the US market, … Read more