News

Swedish video game publisher Embracer said Monday it had acquired three development studios responsible for hit games such as Tomb Raider and Deus Ex from Japanese publisher Square Enix. The acquisition of the three North American studios Crystal Dynamics, Eidos-Montreal and Square Enix Montreal, totalled $300 million (roughly Rs. 2,295 crore) and affects around 1,100
0 Comments
Funds worth over Rs 5,551 crore of Chinese mobile manufacturing company Xiaomi India have been “seized” for violating the Indian foreign exchange law, the Enforcement Directorate said said on Saturday. The action has been taken against Xiaomi Technology India Private Limited. The company (also called Xiaomi India) is a trader and distributor of mobile phones
0 Comments
India’s smartphone shipments are down by 1 percent year-on-year (YoY) in the January-March quarter of FY22. Owing to the shortage of components and a sharp decline in demand, smartphone shipments hit 38 million units in Q1 2022. The data has been revealed in the latest research from Counterpoint’s Market Monitor service, which reflects the effects
0 Comments