Apple, Samsung, HP halt Laptop Imports in India After Order from Government

Apple, Samsung and HP, among the big companies manufacturing devices, have stopped the import of laptops and tablets in India. The central government had on Thursday banned the import of these devices without a license. Its objective is to increase local manufacturing of electronics. However, due to this decision of the government, personal computers, laptop…

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Lenovo suffers Big joly due to decline in PC Sales, Revenue of Company falls 24 Percent

China’s Lenovo has suffered a major setback due to the decline in demand for personal computers (PC). The company’s revenue declined by 24 percent in the June quarter. The world’s largest PC maker is facing decline in sales for four consecutive quarters. The company’s profit was 14 percent less in the last financial year. Lenovo’s…

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