The company that claims 150,000 outlets in India is also looking at consolidating this network.

Company sources confirmed that the Galaxy S6 edge+ would be launched in India later this month followed by Note 5 in September.

\"By 2017, we expect India to overtake USA to be the second largest smartphone market globally,\" IDC said.

Once the world's biggest maker of mobile phones, the Finnish firm was wrongfooted by the rise of smartphones and eclipsed by Apple and Samsung. It sold its handset business to Microsoft in late 2013 and has since focused squarely on making telecoms network equipment.

Foxconn Chairman and CEO Terry Gou, on his second visit to India in 45 days, said his company was \"very keen to invest\" in the country and is in talks to strike partnership with local companies.

In the past few months, several phone sellers have announced that they want to make handsets in India instead of sourcing from China.

India could help Foxconn mitigate accelerating wage inflation in China.

\"Currently Hon Hai is talking with India about a bunch of things and we have participated in some of the talks,\" Innolux chairman H.C. Tuan told reporters.

Arm yourself with these smart gadgets when travelling and navigate your travel plans with ease.

Micromax co-founder Rahul Sharma on his love for top-end gadgets, speed and new-age technology.

Indian mobile-phone sales have dropped for the first time in 20 years, raising the question: Is a slowdown at hand for the world's fastest-growing smartphone market?

Founded in 2002, Gionee entered the Indian mobile market in February 2013. Arvind R Vohra, Country CEO and MD, Gionee Smartphones, reveals the company's plan for the Indian market.

Apple Inc is in talks with Chinese banks and Alibaba Group Holding Ltd on launching the firm's mobile payments system in China.

All market battles of the past pale in comparison to the big fights taking place in the different e-commerce segments in India today, writes the Business Today editor.

The smartphone, launched at a press briefing in New Delhi, will be available exclusively on online portal Snapdeal through flash sales starting April 29.

Latest gadgets and technology that are making news right now.

Though the issue had hit headlines even when services such as Skype were launched and the Voice over Internet Protocol (VoIP) versus voice telephony debate generated a lot of heat, the latest round of this ideological war started in India in December 2014.

On Tuesday, Xiaomi said it would sell its phones through The Mobile Store retail chain, as well as expand its online retail presence by adding online retailers Snapdeal and the Indian unit of Amazon.com.

Over 150 executives and 20 professionals gave it their all at the grand finale of the 19th edition of the BT Lloyd Pro-Am of Champions in Gurgaon recently.

The investment would value Micromax at around $5 billion.