Lava Planning to Set Up R&D Facility in Hyderabad

Lava Planning to Set Up R&D Facility in Hyderabad

Domestic mobile handset manufacturer Lava plans to set up a research and development (R&D) facility in Hyderabad.

A company official on Thursday said this would be their second facility and would be bigger than the existing one in Bengaluru, which employs 400 people.

Sandeep Dongre, senior vice president and hub head, east, Telangana and Andhra Pradesh, told reporters that they have submitted a proposal for setting up the facility in Hyderabad.

He said Lava plan to invest Rs. 200 crores in R&D over next three years.

R&D and distribution are the focus areas for the handset maker, which has drawn up big plans to increase its production capacity from current 2.5 million per month to 18 million with an an investment of Rs. 2,615 crores.

Under the first phase, the company already invested Rs. 56 crores. The second phase over two to four years envisage investment of Rs. 1,052 crores to double the capacity.

This includes investment of Rs. 500 crores in the upcoming manufacturing plant at Tirupati in Andhra Pradesh.

Expected to be operational in two years, this will be Lava’s second plant after Noida.

The company will complete the investment plan in the third phase over five to eight years.

He said Lava doubled its revenues to Rs. 7,000 crores during 2015. The company expects high growth during the current year.

Under the second phase, it has set a revenue target of Rs. 18,000. The same is expected to be Rs. 92,000 crores in the third phase.

“We wexpect the revenues to be Rs. 15,000 to Rs. 20,000 crores in five years,” Dongre said.

It is also confident of generating one lakh jobs in seven years. The company currently employs 6,000 people.

Lava is also betting high on exports. Last year, 33 percent of its revenues came from overseas.

Lava claims to number one in Thailand and also exports to countries like Nepal, Bangladesh, Bhutan and Russia. It now plans to enter the African market.

The company has 10.5 percent market share in India in terms of volumes. Majority of the handsets are in feature phone segment. Smart phones, however, have increased to 30 percent last year from 20 percent the previous year.

[“Source-Gadgets”]

mPhone ‘Mango’ Smartphones Launch Controversy: Everything You Need to Know

mPhone 'Mango' Smartphones Launch Controversy: Everything You Need to Know

As the Make in India and Digital India movements announced by the Prime Minister accelerate, all eyes are on Indian firms and entrepreneurs to see what they can achieve in the new, more conducive environment. The Union Budget this year further set the stage for incentivising startups in the country.

It is in this scenario that mPhone Electronics and Technologies Pvt. Ltd, a Kochi-based company, set out to launch its range of ‘Mango’ or ‘mPhone’ smartphones in the country. It is said to be helmed by three siblings – Josekutty, Rojy John, and Anto Augustine. With a launch that was aggressively promoted in newspapers and scheduled for earlier this week, reports indicate that things did not go as planned for the company.

As per a report in The New Indian Express, on the day of the launch, directors and promoters Anto and Josekutty Augustine were arrested from the launch venue in Kochi for allegedly defrauding the Kalamaserry branch of the Bank of Baroda by falsifying proofs. The duo are said to have been later produced before the Kalamassery Judicial First Class Magistrate. The brothers reportedly have several cases of fraud registered against them various banks across the country, and are said to have been absconding for over a year.

The report cited the promoters to claim an initial investment in the mPhone to the tune of Rs. 3,500 crores, and that it had more than 4 years of experience making mobiles, with a manufacturing unit in Shenzen and an R&D centre in South Korea.

Rojy John Augustine, the third brother who has not been arrested, was quoted as saying, “We have no knowledge about the complaint lodged by Bank of Baroda… The police neither probed the matter nor did they ever seek our explanation. The police were acting under pressure from someone who wants to sabotage the company.”

Another report by the News Minute claimed an assault case has been against the brothers by an unnamed woman who was the company’s alleged former Chief Relationship Manager. She said that after she learnt of the previous cases of fraud, she had announced her resignation from the company, and had subsequently been assaulted severely.

The company was set to launch six smartphones in the country ranging from Rs. 11,999 to Rs. 39,999 – the mPhone 5S, mPhone 6, mPhone 7 Plus, mPhone 8, mPhone 9 Plus, and the mPhone 11 Plus.

Alongside these, mPhone was also due to promote its M2 Watch, power banks, and other accessories. All the products are listed on the company’s site, but as ‘out of stock’. The News Minute added newspaper advertisements were still being carried despite the turn of events.

Last month, Noida-based startup Ringing Bells rang alarm bells across the nation when it unveiled a smartphone that costs less than a 1GB mobile data pack – Rs. 251. Called the Freedom 251, the smartphone caught the attention of the entire globe due to its incredible pricing, and saw a huge interest from consumers. And while the specifications of the Freedom 251 were nothing spectacular by themselves, coupled with the meagre price they appeared to offer astounding value for money.

Soon after its high profile launch, the Freedom 251 smartphone lost its lustre – at least in the eyes of critics and competition, and even the political opposition. While initially marketing the smartphone as a Make in India product, Ringing Bells soon admitted the device being shown to media was not what would be sold to consumers. After the first couple of days of booking, a process that was criticised for its lack of refinement and innumerable errors, the company also revealed that components for the smartphone will be imported, with only the assembling done in India for now. Investment in Noida and Uttaranchal manufacturing plants is being planned, with a timeline of 6-8 months to “start making fully in India”.

The company was also accused of defrauding its customer service partner by refusing to pay dues. Seeking to reassure customers, the company says it will refund the money of first phase’s 30,000 Freedom 251 customers – and will accept cash upon delivery.

Download the Gadgets 360 app for Android and iOS to stay up to date with the latest tech news, product reviews, and exclusive deals on the popular mobiles.

mPhone 5s

mPhone 5s

DISPLAY

5.00-inch

PROCESSOR

1.3GHz

FRONT CAMERA

5-megapixel

RESOLUTION

720×1280 pixels

RAM

2GB

OS

Android 5.1

STORAGE

16GB

REAR CAMERA

8-megapixel

BATTERY CAPACITY

2600mAh

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mPhone 9 Plus 3D

mPhone 9 Plus 3D

DISPLAY

5.50-inch

PROCESSOR

1.3GHz

FRONT CAMERA

8-megapixel

RESOLUTION

1080×1920 pixels

RAM

4GB

OS

Android 5.1

STORAGE

64GB

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mPhone 11 Plus

mPhone 11 Plus

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5.50-inch

PROCESSOR

1.85GHz

FRONT CAMERA

8-megapixel

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1440×2560 pixels

RAM

4GB

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Android 5.1

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128GB

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4000mAh

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mPhone 6

mPhone 6

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5.50-inch

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1.3GHz

FRONT CAMERA

8-megapixel

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1080×1920 pixels

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2GB

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Android 5.1

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mPhone 7 Plus

mPhone 7 Plus

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5.50-inch

PROCESSOR

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mPhone 8

mPhone 8

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Tags: Android, Digital India, Make in India, Mango, Mango mobiles, Mobiles, mPhone, mPhone 11 Plus, mPhone 5S,mPhone 6, mPhone 7 Plus, mPhone 8, mPhone 9 Plus
[“Source-Gadgets”]

Samsung Mobiles Named India’s Most Trusted Brand: TRA

Samsung Mobiles Named India's Most Trusted Brand: TRA

Leading Korean smartphone maker Samsung Mobiles is India’s most trusted brand followed by Sony and LG, according to survey launched in Kolkata on Thursday.

As per the ‘Brand Trust Report India Study 2016’ issued annually by the TRA, the top five most trusted brands are Samsung Mobiles, Sony, LG, Nokia and Tata.

Automobile major Honda are at six followed by Bajaj on number seven with Dell and Godrej being ranked eighth and ninth respectively. ICICI Bank rounds up the last of the top 10 spots.

The sixth edition of the study involved 2,500 consumer-influencers across 16 cities in India and generated 6 million datapoints and 20,000 unique brands from which the top 1,000 brands have been listed. The brands have been listed under 267 different categories.

According to the survey Kingfisher beer is the most trusted alcoholic beverage, and Google is the most favoured in the internet category.

On the personality front, megastar Amitabh Bachchan tops the list followed by Bollywood hunk Salman Khan while former India cricket captain Sourav Ganguly figures at number 10.

According to the TRA research head Sachin Bhonsle, 24 of the 41 companies based in eastern India, have registered a slump from their previous rankings including diversified conglomerate ITC, Berger Paints and Emami.

“The highest number of brands in the East is from the bath/beauty category with five brands- Boroline, Boroplus, Vivel, Fiama Di Wills and Fair & Handsome, while there are three brands each from the biscuit, diversified and the jewelry categories,” said Bhonsle.

Download the Gadgets 360 app for Android and iOS to stay up to date with the latest tech news, product reviews, and exclusive deals on the popular mobiles.

Tags: Android, Dell, India, LG, Mobiles, Nokia, Samsung, Sony, Tata, TRA
[“Source-Gadgets”]

Xiaomi Mi 5 India Launch ‘in a Month’, Says Hugo Barra

Xiaomi Mi 5 India Launch 'in a Month', Says Hugo Barra

Xiaomi at the Redmi Note 3 India launch on Thursday confirmed that the Mi 5 flagship smartphone will be “coming to India in a month.” Xiaomi’s Global VP, Hugo Barra, during the event stressed that the team in India is trying to get the handset here “in a month” without specifying an exact date.

The Chinese company also announced Xiaomi Mi Bluetooth speaker for the Indian market. Priced at Rs. 1,999, the speaker is expected to be available near Holi festival and will be available in Blue, Gold, and Pink colours.

If the Xiaomi Mi 5 smartphone launches by April, India may become one of the first markets to sell the flagship outside China. Barra also revealed that the company received a massive 1.6 crore registrations for the Mi 5, which went on sale in China on Monday.

(Also see: Apple Overtakes Xiaomi in India Smartphone Shipments: IDC)

Barra had previously confirmed that the Mi 5 will launch in core markets and had also named possible markets where the flagship will be available first – Brazil, China, India, Malaysia, Indonesia, and Philippines.

He had also hinted that the company was looking on ways to expand the availability but will focus on the current operating markets.

Coming to the Mi Bluetooth speaker, the device features aluminium body and weighs 270 grams. It packs microSD card slot and comes with built-in microphone. Users can take calls automatically from the speaker without switching to the phone. The company says that the Mi Bluetooth speaker can offer up to 8 hours of music playback.

To recall, the Xiaomi Mi 5 was announced in three versions – standard edition featuring 3GB LPDD4 RAM and 32GB inbuilt storage priced at CNY 1,999 (approximately Rs. 21,000); prime version featuring 3GB LPDDR4 RAM and 64GB storage priced at CNY 2,299 (approximately Rs. 24,000), and pro version featuring 4GB LPDD4 RAM and 128GB storage priced at CNY 2,699 (approximately Rs. 28,000).

Download the Gadgets 360 app for Android and iOS to stay up to date with the latest tech news, product reviews, and exclusive deals on the popular mobiles.

Xiaomi Mi 5

Xiaomi Mi 5

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5.15-inch

PROCESSOR

1.8GHz

FRONT CAMERA

4-Ultrapixel

RESOLUTION

1080×1920 pixels

RAM

3GB

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Android 6.0

STORAGE

32GB

REAR CAMERA

16-megapixel

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3000mAh

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Tags: Mi 5, Mi Bluetooth Speaker, Mi Bluetooth Speaker Price, Mi Bluetooth Speaker Price in India, Xiaomi, Xiaomi Mi 5,Xiaomi Mi 5 Price, Xiaomi Mi 5 Specifications, Xiaomi Mobiles
[“Source-Gadgets”]