Tue, May 30, 2017 | updated 06:53 AM IST

Zopo plans to set up manufacturing unit in India by December

Updated: Jul 24, 2016 17:03 IST      
Zopo plans to set up manufacturing unit in India by December

New Delhi, July 24 (ANI): Chinese mobile phone maker Zopo announced its plans to set up manufacturing plant in India by the end of this year with an initial investment of about Rs. 100 crore as it is aiming to produce two lakh handsets per month.

Advantage Computers ( ADCOM), which manages Zopo's India business said, "Zopo has identified place in Noida for setting up its manufacturing unit with production capacity of 2 lakh units per month. The company has plans to invest Rs. 100 crore to start this plant by end of this year."

"In India Zopo is looking to sell 1 lakh units per month. The plant will cater demand for Zopo phones in South Asian market which include Bangladesh, Sri Lanka, Pakistan (via Dubai), Nepal etc," said Managing Director Sanjeev Bhatia.

Earlier this week, Zopo launched a smartphone Speed 8, which features 10 core processor chipset, the highest number of cores in any smartphone launched in India till date, for Rs. 29,999 a unit.

The chipset can deliver computing speed of up to 2.5 Ghz. Xopo Speed 8 has 5.5 inch screen size, 4GB RAM, 32 GB internal storage, 3600 mAh battery, 21 megapixel primary camera and 8 megapixel front camera.

"We have been selling phones in affordable range as well starting Rs 6,000 a unit. The deca-core smartphone is for Xopo customers looking for higher phone speed. We expect 15 per cent of our target sales to come from Xopo's premium segment starting over price range of Rs 15,000 a piece," added Bhatia.

"We will invest about Rs. 50 crore per annum for branding," added Bhatia.

Xopo expects 60 percent of its total sales to come from smartphones priced in the range of Rs. 7,000-Rs 10,000 a unit and 25 percent from handsets priced in the range of Rs. 10,000-15,000 a unit. (ANI)

Panasonic aims to double TV sales, launches EX750, EX600 series

Updated: May 29, 2017 19:44 IST      By: Ankit Berry

New Delhi [India], May 29 (ANI): Panasonic India has set high targets for itself and plans to capture 10 percent of the 4K TV market share by the end of the tear. At present, it has about five percent of the market share and has launched a new line-up of 2017 4K Ultra HD TVs along with the UA7 sound system to achieve its targets.

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New Delhi [India], May 29 (ANI): MuveAcoustics, an audio solutions aggregator on Monday announced the launch of 'Impulse', a feature intensive on-ear wired headphone. The limited-quantity headphone is priced at Rs. 2,499 and is available at a discounted price of Rs. 2,099 on Amazon.in and Croma Stores.

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New Delhi [India], May 29 (ANI): Leading provider of open source solutions Red Hat on Monday announced signing of a definitive agreement to acquire Codenvy, provider of cloud-native development tools that enable developers to more easily create modern container-based and cloud-native applications.

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Kaspersky Lab hires Stephan Neumeier as MD, Asia Pacific

Updated: May 29, 2017 12:08 IST     

New Delhi [India], May 29 (ANI): Global cyber-security company Kaspersky Lab on Monday announced hiring of Stephan Neumeier as the Managing Director of Kaspersky Lab Asia Pacific region with effect from today.

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Apple to develop AI chip for iPhone

Updated: May 27, 2017 13:26 IST     

New York [U.S.A.], May 27 (ANI): Owing to the increasing popularity of artificial intelligence (AI), technology giant Apple is working on a dedicated artificial intelligence chip that would power AI-related tasks on mobile devices, The Verge quoted a Bloomberg report saying.

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U-Dictionary supports sentence translation inside any App

Updated: May 26, 2017 17:46 IST     

Bangalore [India], May 26 (ANI-Newsvoir): NetEase, the world's top three highest grossing mobile publisher, recently announced that its U-Dictionary app is introducing improved features for Indian languages.

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New Delhi [India], May 26 (ANI): Automation Anywhere, the global leader in enterprise Robotic Process Automation (RPA) on Friday announced the availability of IQ Bot, software bots capable of studying, learning and mimicking human behavior for intelligent process automation.

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Pokkt's SDK version 6.0 to enable in-game branding

Updated: May 26, 2017 12:58 IST     

New Delhi [India], May 26 (ANI): Mobile video advertising platform Pokkt on Friday announced the rollout of its Software Development Kit (SDK) version 6.0, containing a set of state-of-the-art software development tools that will assist game developers in seamlessly integrating in-game branding into their gaming apps.

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DocsApp aims to clock 5 million downloads by 2018

Updated: May 26, 2017 12:21 IST     

New Delhi [India], May 26 (ANI): Online hospital DocsApp registered a 25 percent month-on-month growth, and is aiming to serve more patients than all offline hospital chains, along with reaching 5 million downloads on Google Play Store by 2018.

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New Delhi [India], May 26 (ANI): With Topsgrup garnering praise as a trusted security services group in India, its Group Chairman Dr. Diwan Rahul Nanda forayed into the consumer-to-consumer segment with the launch of an on-demand home services marketplace app called Cheep, in Mumbai, Delhi and Bengaluru.

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New Delhi [India], May 25 (ANI): Infosys and HP Inc. On Thursday launched joint Retail Point of Sale (RPOS) and Enterprise Device as a Service (DaaS) solutions to help businesses accelerate digital transformation as part of the HP Global System Integrator (GSI) Alliance Program.

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OLX mobile phones category booming steered by Millennials

Updated: May 25, 2017 15:50 IST     

New Delhi [India], May 25 (ANI): With almost 10 million mobile phones, and mobile accessories listed in FY 2016-17 alone, OLX has reinforced its position as the number one online destination for pre-owned mobiles in India.

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ixigo amongst most used train travel app; inks 20 mn installs

Updated: May 25, 2017 11:36 IST     

New Delhi [India], May 25 (ANI): ixigo has announced hitting the numero uno spot by becoming India's most used train travel app with over 20 million cumulative installs and over five million monthly active users.

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Tokyo [Japan], May 24 (ANI): The internet connects people and things around the world. Optical cables placed along the ocean floor provide more than 99 percent of international communications.

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NVS goes Digital, to establish 8 Centers of Excellence in 8 cities

Updated: May 23, 2017 16:55 IST      By: Onkareshwar Pandey

New Delhi [India], May, 23 (ANI): Following the footprints of Prime Minister Narendra Modi for structural reforms in education ranging from schools to universities, and make Digital India with an aim to transform the country into a digitally-empowered knowledge economy, Navodaya Vidyalaya Samiti (NVS) has gone hi-tech.

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New Delhi [India], May 23 (ANI): Ericsson on Tuesday announced the launch of new dual band radio products customised for the Indian market.

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New Delhi [India], May 22 (ANI): Microsoft India on Monday announced signing of an today Memorandum of Understanding (MoU) with the Telecom Sector Skill Council (TSSC) to jointly explore how Project Sangam will help enhance skills of executives in the telecom sector and create a more viable skilling ecosystem.

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New Delhi [India], May 22 (ANI): Communications platform Truecaller on Monday unveiled its latest update of group messaging and MMS features on its app, which will enable users to share pictures, loop in the same text when communicating among friends along with the bolt speed flash messaging.

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New Delhi [India], May 19 (ANI): As part of Microsoft's 'Public Cloud for Good' initiative, Microsoft India is making Microsoft Azure broadly available to eligible non-profit organizations, bringing the power of technology to them.

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New Delhi [India], May 19 (ANI): UCWeb Inc's holding company, Alibaba Group on Friday reported a 271 percent jump (year-on-year) in its Digital Media and Entertainment revenue for the fiscal year ended March 31.

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