News
Sparking Clean
KAFF Appliances has launched a range of dishwasher’s – the fully loaded Quadra (Stand alone mode) and intra (in-built model). These models have a set of multi-flex basket systems made of high grade water resistant alloy and come with an in-built six washing programme and a salt indicator that helps soften the water resulting in better wash. Internally designing of the basket is such that with a little movement of the shelves and within the basket can create space for full size plates and cutlery. Price range from Rs. 36,000 onwards.

- Hindu Delhi, November 24, 2011.

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China Pips US to be Top Smartphone Market
China passed the US top become the world’s largest smart Phone market by volume in the third quarter as the devices became cheaper and more widely available, research firm Strategy Analytics said.

Shipments in China reached a record 23.9 million units, up 58% from the second quarter, the Boston-based research firm said in a statement. That compares with a 7% drop to 23.3 million units in the US.

“China is now at the forefront of the worldwide mobile computing boom,” Neil Mawston, an analyst at strategy Analytics, said in the statement. “China has become a large and growing smart phone market that no hardware vendor, component maker or content developer can afford to ignore.”

The Chinese market is growing as wireless carriers offer more smartphones, including cheaper devices running Google Inc’s Android software and subsidized versions of Apple Inc.’s iPhone, the research firm said.

- Economic Time Delhi, November 24, 2011


Videocon director appointed as a new CEAMA President
Videocon Industries Ltd. director, Anirudh Dhoot has been appointed as the president at Consumer electronics and appliances manufacturers association (CEAMA) “In order to see augmentation in the Industry, every function of various Government bodies has to work in paratnership for desired future growth. As the new president of CEAMA, I am obliged to associate for the interest of Consumer Electronics Industry as a whole. It will be in my continued efforts to garner support from all members, as well as, the Government and highlight relevant industry issues at appropriate forums and times,” said Dhoot.

CEAMA is an all India body of organization in Consumer Electronics and Durables sector that is currently Rs. 30,000 crore industry. It is registered as a non-profit organization, looking after the common interests of its members, for sustainable growth in the sector.

- Political And Business Daily Delhi, December 9, 2011 (PBD Bureau)


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Talks on Google TV at final stage
Samsung Electronics, the world’s top TV maker, is in last – stage talks with Google to roll out its Google to roll out its Google TVs, the head of Samsung’s TV division told reporters on Tuesday. Google TV which currently comes built-in on certain Sony Corp television models and on Logitech International set-top-boxes – allows consumers to access online videos and websites on their TVs, as well as specialized apps such as video games.

- Political and Business Daily Delhi, November 23, 2011


Consumer Goods Prices Rise as ` Dips
Makers of consumer durables and mobile phones have increased product prices by up to 10% due to the weakening of the Indian rupee, which has made imports costlier.

LG, Whirlpool, Onida, Godrej and Karbonn Mobiles have increased prices, while Samsung, Micromax, Philips and Panasonic are planning to do so.

“Rupee depreciation is taking a toll on cost of production because imports have become expensive. It is partially being passed on to consumers,” says Y.V. Verma, chief operating officer at the country’s largest consumer durables maker, LG Electronics India. The Korean company has increased the prices of its refrigerators, washing machines and microwave ovens by 4-5% or `300-500, for entry-level models, for the third consecutive month.

The rupee plunged to a 32-month low of `51.35 against the US dollar on Friday, as foreign institutional investors continued to pull out dollars.

- Economic Times, November 21, 2011


Salora to focus on own brands expect to wipe off loss in a year
Consumer electronics firm Salora International is giving its own branded products a push apart from planning to widen its portfolio within a year as it looks to make a turnaround.

The firm which is a distribution partner for mobile firm Motorola and supplies components to MNCs like Samsung and LG, is also targeting revenue of `150 crore from consumer electronics segment in the next three years.

“We are widening our product range by getting into new categories like home appliances. Our brand visibility will increase as we focus on enhancing and localizing our distribution channels,” Salora International general manager (Operation) MK Khanna told PTI.

- Political and Business Daily Delhi, November 21, 2011


Samsung rides on Flat-panel TVs for record festive sales
Riding on an industry record sales of two lakh-plus units of flat-panel TV sets in just a month of the recently concluded festive season, consumer durable firm Samsung India has clocked an overall 30% jump in sales revenue to a little over `2,500 crore compared to same period last year.

Because of this, Samsung has managed to corner over 40% of its own 2011 revenue target in just 45-days of festival period (September 15 to October 31), which is much ahead of the industry average of 25-30% sales for the consumer durable industry during this period.

- Financial Express Delhi, November 21, 2011


Samsung Announces innovation Award Winners
Samsung Electronics has announced the winners of its first innovation Awards, which was instituted by the company at IIT Delhi this year. Jung Soo Shin, President and CEO, Samsung (South-West-Asia) said. “We seek to encourage young minds to think differently so that we can get innovative and relevant solutions for products. We hope to get innovative ideas that can be further supported and incubated at the Samsung R&D Centre

- Economic Times Delhi, November 18, 2011


Samsung buys US firm Nexus
Samsung Electronics has purchased US cardiac testing solutions provider Nexus, marketing its second healthcare acquisition this year as the technology giant pushes into new growth area.

- Finanical Chronicle Delhi, November 17, 2011


Electrolux to shut factories

Appliance maker Electrolux will close its Europe and N America plants to cut costs amid weak demand. Its shares fell the most in three months. We have underutilized assets, said CEO Keith McLoughlin.

- Finanical Chronicle Delhi, November 17, 2011


Sony, Toshiba, Hitachi in JV deal
Sony, Toshiba and Hitachi have signed a deal to merge their small and medium-sized liquid crystal display businesses for smartphones and tablet computers.

- Financial Chronicle Delhi, November 16, 2011


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Hurman tunes in to India
Harman, the premium global audio and infotainment group, which retails brands such as JBL, AKG and Harman-Kardon, is training Indian engineers based at its research and development centre in Bangalore to work on audio components for brands like BMW and Audi. This business contributes an estimated $600 million to the company’s sales.

Harman recorded sales of nearly $50 million in India last year. The company is now eyeing contracts between $50-$100 million from Indian automotive firms, including Tata motors, and the professional audio segment that includes film studios and the entertainment sector, said Dinesh C Paliwal, Chairman, Harman International.

- Business Standard Delhi, November 10, 2011


All in One PCs
HP has launched a string of all-in-one desktop PC’s in the Indian market. The PCs introduced include the Touch Smart610. The TouchSmart520, The HP Omni120 PCs, the HP Omni220 PCs and the HP DreamScreen400 PCs. Priced in the range of ` 21999 to 71999, these PCs come equipped with a hose of sophisticated features like the second Generation Intel Core Processors, TouchSmart 5.0 software, etc. These PCs, moreover, provide consumers with ample amount of storage space – ITB hard disk and an added peace of mind with three years of warranty.

- Hindu Delhi, November 10, 2011


Westinghouse expands reach
US-Based consumer-durables firm Westinghouse Electric Corp on Friday announced its entry into the Indian House appliances market, targeting sales of ` 200 crore in the next three years. It plans to invest ` 70 crore on marketing and product development in the next three years to acquire a big share of the ` 6000 crore home appliances market dominated by Philips and other homegrown firms.

- Mail Today Delhi, November 12, 2011


Picture dims for CRT TVs as sales taper
India, one of the very few Strongholds for those bulky CRT (cathode ray tube) televisions, is finally showing signs of change. For the first time ever, the CRT market is tapering.

- Business Line Delhi, November 12, 2011


LG Mulls Google TV debut at Electronics Show in Jan.
Google and LG Electronics may unveil a television using the search giant’s software at the January Consumer Electronics Show in Las Vegas, according to sources. The product would be LG’s first model with Google TV, the sources added.

- Financial Express, Delhi, November 12, 2011


White goods cos buck trend, see growth in sales
The festive season may have been a dampener for the auto sector, but consumer durables were not complaining, as they saw a double-digit growth in sales this period.

LG and Samsung have registered a growth of up to 30 per cent in sales, while a new entrant like Lloyd registered an impressive 120 per cent jump.

- Asian Age Delhi, November 7, 2011


Scientists develop organic LEDs in plastic
Researchers have developed the world’s most efficient organic light-emitting diodes (OLEDs) in plastic, OLEDs provide high-contrast and low-energy displays and are becoming the dominant technology for advanced electronic screens.

Current state-of-the-art OLEDs are produced using heavy-metal doped glass in order to achieve high efficiency and brightness, which makes them expensive to manufacture, heavy, rigid and fragile, the journal Nature Photonics reports. “For years, the biggest excitement behind OLED technologies has been the potential to effectively produce them on flexible plastic,” says Zheng-Hong Lu, professor of materials science and engineering at the University of Toronto, Canada, who supervised the study. Plastic use can substantially reduce the cost of production, while providing designers with a more durable and flexible material to use in their products.

The research was led by doctoral candidates Zhibin Wang and Michael G. Helandesr, who demonstrated the first high-efficiency OLED on plastic.

- Business Line Delhi, November 2, 2011


LG Hikes prices with immediate effect
Consumer durables firm LG Electronics is increasing prices of its home appliances with immediate effect to offset impact of high input costs and weakening of rupee, while its rival Samsung is currently studying the situation before taking any similar step.

- Asian Age Delhi, November 2, 2011


‘Made in India’ campaign
The government has decided to launch a brand building initiative to promote India as a preferred destination for investment in the electronics industry and has invited expressions of interest (Eols) for appointing agencies for the same. “The purpose of this Expression of Interest is to finally shortlist a reputed agency to conduct Communications Need Assessment Study to promote India as a preferred destination for investment in electronics system design and manufacturing (ESDM) sector by local as well as global investors, the Eol document by the DIT said.

- Statesman Delhi, November 1, 2011


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LCD makers face fine in S. Korea
Samsung, LG Display and eight other liquid-crystal display makers in Taiwan and Japan face South Korea’s largest international antitrust penalty following a probe into allegations of price-fixing.

- Financial Chronicle Delhi, October 31, 2011


White goods companies may face supply crunch
Consumer durable firms Panasonic Sony and LG are likely to witness supply shortage in the next one to two months if the floods in Thailand prolong. “If the situation does not improve there could be slight impact in terms of supply of some of our products in December and January,” Panasonic India marketing (head) Mr. Manish Sharma, said.

However, he said the company currently has a stock for next around 60 days and does not see any impact in the immediate future. At present about 8-10 per cent of its products including televisions, washing machines and refrigerators, are imported from Thailand. Besides, LG Electronics India, which imports components of microwave and air-conditioner from Thailand, also said there could be supply shortage in January or December because of the natural disaster in the country.

- Asian Age Delhi, October 28, 2011
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