Enterprise

Xiaomi announces three new manufacturing plants in India

Two for smartphones and one for smart TVs

Published

on

Xiaomi announced it’ll be opening three new manufacturing facilities in India to boost its local presence and supply chain. Two of them shall be dedicated to smartphones while the third ones for smart TVs.

Xiaomi’s India Head and Global Vice President, Manu Kumar Jain, said that 99 percent of its smartphones sold in India and 100 percent of its televisions will now be manufactured within the country.

In a briefing to GadgetMatch, he said that Xiaomi has been assembling phones and TVs in India for a while now. But many components are still imported, and the company is trying to reduce this as much as possible. Xiaomi has partnered with DBG India, and its plant in Haryana is already functional.

The second facility will be set up in Tamil Nadu by Chinese electronics maker BYD. The two plants are strategically located to ensure the supply chain runs smoothly across the country. For the smart TVs, Xiaomi has tied up with Hyderabad-based television manufacturer Radiant.

The Chinese phone maker has already tied up with Foxconn and Flex for smartphones and Dixon Technologies for televisions. Jain even went on to say that a vast majority of the phone components that include printed circuit board assembly (PCBA) and sub-boards, chargers and battery, back panels are domestically manufactured in the country.

Jain also proudly said in the briefing that Xiaomi now employs 60,000 people in India via its many facilities, retail units, and back-end operations. Xiaomi’s investment in India isn’t surprising because it has been serious about the market for years and has solidified its standing as an indisputable leader.

The Indian government recently kicked-off a billion-dollar scheme to encourage local sourcing. Also dubbed Production Linked Incentive (PLI), the government is ready to offer subsidies and tariff reliefs for companies that are open to localization. The program has worked wonders for companies on the electronics front, and thousands of jobs are being generated.

Despite competition from Samsung, realme, OPPO, and vivo, the company has largely remained unscathed. However, the brand is still in warm waters due to geopolitical instability between India and China. The anti-China sentiment has affected many Chinese players like Huawei, TikTok, Alibaba, and more. But Xiaomi and other mobile phone markers have avoided controversy by amalgamating with the local market and the workforce.

Enterprise

How Technology Helps Feed the World

Harnessing the power of AI

Published

on

Artificial Intelligence and self-driving vehicles are not trends we usually associate with farming. But John Deere is revolutionizing the industry and using tech to help feed the world.

Continue Reading

Enterprise

Microsoft plans to buy Discord for US$ 10 million

Still in early talks

Published

on

Throughout the pandemic and post-pandemic world, telecommuting and communications apps have risen in popularity throughout the online world. Though most workers have turned to Zoom or Google Meets, Discord has also gotten quite a boost between gamers and more casual users. Unfortunately, the boost might not be enough. According to a new source, Microsoft is planning to purchase Discord for US$ 10 billion.

Earlier today, VentureBeat reported that the communications platform is already exploring a sale to other companies. However, at the time, the report did not reveal who is in the lead to purchase the company. A frontrunner didn’t take long, though.

According to Bloomberg, Microsoft is the likeliest candidate for a purchase. The company will likely buy the platform out for over US$ 10 billion. The deal is still in its early stages, though.

Based on the same report, Discord can still choose to go public, rather than sell the company outright. Given how early the discussions still are, it might take time before we get a conclusion to the deal.

Despite how the world is starting to treat the pandemic, telecommuting will still be an essential part of the post-pandemic world.

SEE ALSO: How you can relieve lockdown stress with video games

Continue Reading

Enterprise

Nokia and Sony have pulled out from MWC 2021

Joining Ericsson

Published

on

This year, the world is trying to go back to normal. With an impending return to normalcy, formerly delayed tech events are testing the waters for an actual in-person event this year. For example, MWC 2021 has confirmed such an event his year. Unfortunately, the traditional exhibitors have doubts. Nokia and Sony have pulled out from MWC 2021.

Reported by CNet, both companies are participating in the event virtually, as opposed to their usual physical exhibitions. According to both statements, Sony and Nokia are prioritizing the health of both their employees and the event’s attendees.

Though the threat of COVID-19 is slowly waning as the vaccine rolls out all over the world, in-person events are still keeping things safe. For one, MWC 2021 is reportedly limiting attendance and maintaining proper social distancing rules. Of course, doing so isn’t enough to completely stave off the virus without full vaccination rates yet.

Further, tech companies are slowly realizing the economic brilliance of launching their products online. Last year, various brands have upped the ante on how to release products digitally. Apple, for example, created incredibly cinematic launch experiences throughout the year.

Sony and Nokia are joining Ericsson in the online-only party. As the months roll on, who can tell if other brands will follow suit? Last year, more and more tech companies eventually followed suit when a few brands initially pulled out of events.

SEE ALSO: MWC 2021 confirms an in-person event this year

Continue Reading

Trending