Tag Archives: Sees

Mercedes-Benz sees self-driving EVs as the future of car sharing

Earlier this year, Daimler announced plans to develop a self-driving, car-sharing system with fully autonomous vehicles geared towards city living. Today, the company says that the first part of that vision — Smart’s Vision EQ Fortwo concept vehicle — will be presented at the 2017 Frankfurt International Motor Show next month. The EQ Fortwo is a level five, fully autonomous car with no steering wheel or pedals. Via ... Read More »

Carvana notches wins on Wall Street Online used-vehicle retailer sees a path to growth and profitability

Carvana, known for its vehicle vending machines, here and below, never has made a profit. But the Phoenix company has been expanding rapidly with a targeted strategy. Carvana Co. might still be bleeding money, but that has not stopped Wall Street analysts from liking what they see from the online used-vehicle retailer. Carvana this month reported a $38.4 million loss ... Read More »

Apple Sees Decline in China Smartphone Shipments, Oppo Leads: IDC

Shipping 44.9 million iPhones to China, Apple has beaten Xiaomi, touted as the ‘Apple’ of China that shipped 41.5 million smartphones and slipped to fifth spot, market research firm International Data Corporation (IDC) has revealed. According to IDC’s Quarterly Mobile Phone Tracker report, Apple dropped from 58.4 million iPhones in 2015 and Xiaomi from 64 million Mi phones, drops of ... Read More »

Xiaomi Redmi Note 4’s First Sale in India Sees 250,000 Units Sold in 10 Minutes

The new Xiaomi Redmi Note 4 smartphone, which went on sale on Monday, has seen tremendous response from the Indian market. Xiaomi in a press statement has announced that 250,000 units of the Redmi Note 4 were sold in 10 minutes in the smartphone’s first sale in the country. The company said that the Xiaomi Redmi Note 4 (Review) saw ... Read More »

Maruti Suzuki Sees Sharp Decline In Sales In December 2016

Maruti Suzuki India Limited today announced that it has sold a total of 117,908 units in December 2016. This includes 106,414 units in domestic market and 11,494 units of exports. The Company had sold a total of 119,149 units in December 2015. This is a sharp dip in sales and the downslide continues. The company recorded a 20 percent dip ... Read More »

SBI Cards Sees Business Opportunity In Low Income Category

New Delhi: To tap opportunities arising out of limited cash supply following demonetisation, SBI Cards will soon launch credit cards aimed at the lower income group who have the capacity to pay but don’t have cards, besides quickening card delivery period to 2-3 days. “From the issuer side, what we can do is acquire more people and acquire faster. Another ... Read More »

iOS Sees Strongest Growth Rate in 2 Years Thanks to iPhone 7 Sales: Kantar

The latest OS sales data figures from Kantar Worldpanel ComTech reveals that iOS adoption has seen a boost in three months ending October, all thanks to the sales of the iPhone 7 and iPhone 7 Plus. Japan currently holds the top spot where iOS holds the greatest share at 51.7 percent of smartphone sales, followed by 44 percent in Great ... Read More »

Ericsson Sees Global Smartphone Subscriptions Almost Doubling by 2022

Global subscriptions for smartphones will almost double by 2022, helping mobile data traffic to eightfold, telecoms network gear maker Ericsson predicted on Tuesday. The Swedish company said it expected there will be 6.8 billion smartphone subscriptions globally by the end of 2022, up from 3.9 billion in 2016. In its previous forecast from June this year, Ericsson had said it ... Read More »

Axis Bank Sees Reduction In Lending Rates Post-Demonetisation

Mumbai: Axis Bank expects a dip in lending rates because of the surge in deposits which lenders are experiencing in the aftermath of the government’s move to scrap Rs 500 and Rs 1,000 notes. “The deposits are into savings or current accounts which are low cost ones. An increase in them should bring down our cost of funds,” Rajiv Anand, ... Read More »

Sony Sees Strong Demand for PS4 Games as Mobile Business Slumps

Sony said Tuesday its fiscal first half net profit dived owing to a sharp rally in the yen and losses linked to the sale of its battery business. The Japanese electronics giant, which has been shedding assets as part of a broad restructuring, said it had a JPY 26 billion ($248 million or roughly Rs. 1,655 crores) net profit in ... Read More »