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FM Nirmala Sitharaman’s Budget 2025 ‘listens’ to IT ministry’s ‘warning’ on China and Vietnam; Samsung, Apple, Xiaomi’s ‘Make in India’ plans to get boost – The Times of India

adminFebruary 1, 202504 mins

Indian Finance Minister Nirmala Sitharaman, carrying a red pouch containing budget documents, poses for a photograph with colleagues as she arrives to present the federal budget in the Parliament in New Delhi, India, Saturday, Feb. 1, 2025. (AP Photo) Union Budget 2025 proposes the removal of import duties on several key mobile phone components. Finance…

China’s ‘good news’ for Xiaomi, Huawei and Oppo is ‘bad news’ for Apple – Times of India

adminJanuary 3, 202503 mins

China’s new nationwide smartphone subsidy program could further erode Apple’s market position while boosting domestic rivals Huawei, Xiaomi, and Oppo, as the world’s largest smartphone market moves to stimulate consumer spending.The National Development and Reform Commission announced Friday that China will expand its trade-in subsidies to cover smartphones and other personal electronics, marking a significant…

Xiaomi launches faster version of EV that Ford CEO said he is driving and does not want to give up – Times of India

adminOctober 30, 202404 mins

Smartphone giant Xiaomi seems to be keen to shed its ‘affordable brand tag’. The company has taken a significant step into the luxury electric vehicle market with the launch of the SU7 Ultra. Priced at a hefty $114,000, this high-performance EV according to Xiaomi would rank as the fastest four-door car in production in a…