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As the government pushes consumer electronics companies towards local manufacturing, former realme India chief Madhav Sheth on Monday announced a new venture called HonorTech, which is a 100 per cent Indian joint venture (JV) collaboration, and will infuse Rs 1,000 crore by year-end to begin with. In an interaction with IANS, Sheth who has been a veteran in the Indian smartphone industry, said that with his new venture HonorTech that will bring the Honor brand ecosystem to India,...
Madhav Sheth brings Honor brand to India with 100% local licensing, Rs 1,000 cr investment
Madhav Sheth, currently VP for Business and Corporate Strategy (Global) at leading technology brand realme, is likely to soon join Honor India to revive the rival brand in the country, top sources told IANS on Friday. According to the sources, senior India leadership at realme is also rumoured to join Sheth in a key exodus, who is likely toAspearhead Honor India's operations as CEO in the country. The director-level executives from realme's online and mainline (offline) vertical...
realme's Madhav Sheth likely to head rival Honor India amid top exodus
As realme's Madhav Sheth accepts the new role of VP for Business and Corporate Strategy (Global), he would still look after the India market which is strategically important for the global technology brand, the company said on Tuesday. realme told IANS that Madhav's international background and global vision will definitely provide forward-looking strategic guidance for realme's development in the global market. "The Indian market is strategically important for re...
Realme bumps up India hiring, Madhav Sheth to still look after India strategy
Global technology brand realme is set to replace India business head Madhav Sheth with a top executive from its China-based headquarters, reliable sources told IANS on Thursday. Sheth may quit the company once the official statement is made soon. The move, according to industry insiders, does not augur well for the company which cemented its position in a market which is highly-competitive at the mass level, with Sheth, as its India business lead, became the sole face of the company within...
realme to appoint new India biz head from China, Madhav Sheth may quit
As millions of smartphone users in India face low battery issues during the day as most of the devices begin to die as evening approaches, realme is bringing industrys first 240W charging to its next flagship device in a bid to address those concerns. Madhav Sheth, CEO realme India, VP, realme, and President, realme International Business Group, told IANS that the idea is to empower its upcoming device with not only more battery power but a leading feature to put 100 per cent juice in it i...
240W charging to kill anxiety among Indian smartphone users: realme's Madhav Sheth
Leading smartphone players on Saturday said that the 5G launch by Prime Minister Narendra Modi will unleash new economic opportunities and societal benefits for millions, especially in remote areas. India is home to more than 500 million smartphone users and more than 100 million users with 5G-ready smartphones wish to upgrade to a 5G subscription in 2023, according to a latest Ericsson report. Madhav Sheth, CEO realme India, VP, realme and President, realme International Business...
Smartphone firms hail 5G launch, prepare bundled offers with Telecom Companies
As India enters the festive season, global tech brand realme on Tuesday said it will give offers worth Rs 700 crore during its festive sales and the offers will be valid on all realme smartphones and Artificial intelligence of things (AIoT) products. The users can avail of these offers on realme.com, Flipkart, Amazon and at realme stores. There will be discounts up to Rs 10,000 on smartphones and up to Rs 12,000 on AIoT products. "realme has been consistently driving its efforts to...
realme to give attractive offers worth Rs 700 crore this festive season in India: Madhav Sheth
5G, one of the most anticipated technology marvels in recent times, is almost at the threshold of deployment in India. The government of India has recently approved 5G spectrum auctions, which may lead to commercial roll-out in select cities from fourth quarter onwards, in the pilot phase. The entire ecosystem has been working assiduously towards making 5G a reality with indigenous test beds, trials and demonstrations. realme, the Most Trusted Technology Brand (CMR) has played a key role a...
realme to democratize power of 5G across products, beyond smartphones
The pandemic transformed our digital lives as millions stayed home for work, learning and fun, and homes in urban India embraced several Internet of Things (IoT) devices in the last 18-20 months that are only set to grow in 2022. As per a recent report by Allied Market Research, the India home automation market size was valued at $1.79 billion in 2018 and is expected to reach $13.5 billion by 2026, growing at a CAGR of 29.8 per cent during the forecast period. Home automation systems ...
Urban Indians set to make their homes smarter in 2022
Even though the 5G network is still away, smartphone vendors have started launching 5G-ready devices in India and realme on Saturday said it will democratise the upcoming technology for the masses in India. Half of realme products to be launched in India will be 5G-ready, according to Madhav Sheth, VP, realme and CEO, realme India & Europe. "All realme products launched above Rs 20,000 will be 5G products. We will continue to bring the latest 5G processors to products in the su...
Half of realme products in India will be 5G in 2021: CEO
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