Tech Industry News - Latest Updates & Headlines
India's IT hiring industry to generate up to 4.5 lakh new jobs in 2025
New Delhi, April 18: The IT hiring sector in India is projected to grow by 7-10 per cent in the first half of 2025, while generating around 4-4.5 lakh new jobs for the entire year, industry experts said on Friday.
Apple's China smartphone shipments fall 9 pc in Q1 amid rising trade tensions
New Delhi, April 18: Apple's smartphone shipments in China dropped by 9 per cent in the first quarter of 2025 to 9.8 million iPhones, down from over 10.7 million a year earlier, according to latest data from global market research firm IDC.
Wipro clocks 6.4 pc rise in Q4 net profit at Rs 3,569.6 crore
New Delhi, April 16: IT software major Wipro Ltd on Wednesday reported a 6.4 per cent sequential rise in net profit to Rs 3,569.6 crore for the fourth quarter of the financial year ended on March 31, 2025.
Google lays off hundreds from Android, Pixel, Chrome teams: Report
New Delhi, April 11: Tech giant Google has reportedly sacked hundreds of employees from its platforms and devices division -- the team responsible for Android software, Pixel phones, and the Chrome browser.
Samsung, union reach tentative wage deal for 5.1 pc pay hike
Seoul, Feb 24: Samsung Electronics and its labour union on Monday reached a tentative wage agreement, which includes an average 5.1 per cent pay raise for 2025, officials said.
Indian tech industry to hit $300 bn revenue in FY26, workforce to reach 5.8 mn in FY25
New Delhi, Feb 24: The Indian tech industry is projected to reach $300 billion revenue in FY26, a Nasscom report said on Monday, adding that in the current fiscal (estimated), the industry will add at least 126,000 net new employees, taking the total workforce to 5.8 million.
'Make in India' booster: Nothing to locally manufacture new smartphone series
New Delhi, Feb 10: Aligning with the government's 'Make in India' initiative, London-based technology company Nothing on Monday announced that its latest Phone (3a) series will be manufactured in the country.
Israel: Export of Services decreases 6.2 per cent in November 2024
Tel Aviv, February 4: Israel's Central Bureau of statistics reported that in November 2024, the total export of services (not including the start-up companies) decreased by 6.2 per cent compared to the previous month.The export of services of the hi-tech industries (not including the start-up companies) decreased by 7.4 per cent compared to an increase of 10 per cent in the previous month.
Elon Musk worked Vivek Ramaswamy out of DOGE following 'differences': Report
Washington, DC, January 23: As Indian-origin entrepreneur and Republican leader Vivek Ramaswamy pulled out of the Department of Government Efficiency (DOGE), just 69 days after he was announced the co-head of the team along with tech billionaire Elon Musk, a report has revealed that it was the Tesla CEO who wanted Ramaswamy 'out' of the team.
Dixon Technologies' net profit rises over 100 pc in Q3, revenue up 119 pc
New Delhi, Jan 20: Homegrown electronics manufacturer Dixon Technologies on Monday doubled its net profit in Q3 FY25, as earnings rose to Rs 216 crore from Rs 97 crore in the same period last fiscal.
Most Israeli hi-tech companies see capital shortage due to war: survey
Tel Aviv, Jan 19: A survey by the Israel Innovation Authority revealed on Sunday that 80 per cent of hi-tech companies in Israel need to raise more capital within the next six months.
US tech industry embraces Trump 2.0 with parties and celebrations
Washington, January 16: The Crypto Ball, an event organised by the crypto industry to celebrate the return of President-elect Donald Trump next week, is reportedly one of the most sought after of the spate of such parties and dinners taking place around inauguration next week.