Xiaomi, which has partnered Foxconn to manufacture smartphones in India at two facilities in Sriperumbudur (Tamil Nadu) and Sri City (Andhra Pradesh), has also started exporting small volumes of devices to Nepal and Bangladesh.
T V Mohandas Pai, former Chief Financial Officer of IT major Infosys Ltd, termed these job losses as once-in-five-years normal phenomenon with maturing of the industry. "As in all sectors in the West, in India too when a sector matures so many people will be there in the middle level who will not be adding value to the salary they get," Pai told .
India is WhatsApp's biggest market with 400 million users. The development comes just weeks after WhatsApp sued Israeli company, NSO group, over the alleged misuse of their spyware Pegasus, that was installed in the phones of 1400 users, including at least 120 Indians. Many of those who were spied on were journalists, rights activists and lawyers.
DXC Technology, a company spun off from Mphasis' erstwhile parent HP, contributed 24.1% of the mid-tier IT services provider’s revenue in the September quarter.
"When I joined, the priority was in terms of stability and continuity. It was the first and foremost goal for me, given whatever happened in the past. Stability and continuity were the focus in the first 90 days, but now the focus is shifting to growth," Chatterjee told ET in his first interview after he took over.
According to ICEA, about 95 per cent of mobile phones sold in India are produced in the country itself.
The internet giant hopes to break into the global video game industry expected to top USD 150 billion this year, with cloud technology that could broaden audiences attracted by rich new features as well as ease of access with no more need for consoles. But analysts say Stadia's outlook is uncertain as its faces rivals such as PlayStation Now.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
