Xiaomi Said to Target as Much as $6.1 Billion in Honk Kong IPO

Chinese smartphone makeris planning to raise up to $6.1 billion (roughly Rs. 41,500 crores) from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years. Xiaomi, which also makes Internet-connected devices,...

Shinco SO4A 39-Inch LED TV Launched in India at Rs. 13,990

The TV space in India isn’t short of options, with new brands launching products regularly. While the Xiaomi Mi TV 4 range made huge impact and drove prices down, recent entries from brands such as TCL and iFFalcon have made buying a top-spec TV much more affordable. The latest...

Samsung, Other Tech Firms Say Will Pass GST Rate Cut Benefits to Buyers

Welcoming the government’s decision to slash Goods and Services Tax (GST) rates on over 50 items including refrigerators, washing machines and small televisions, several consumer electronics companies, including, have promised that they will pass on the full benefits to the consumers. The new prices will be applicable from July...

Samsung to Focus on Its Core Amid Rising Uncertainties

Sometimes in the world of business, the best defence is a good offence, and it seems like Samsung Electronics Vice Chairman Lee Jae-yong wanted to share this message with a handful of key figures at the South Korean tech giant to fend off rising challenges to its business. Lee held...