Tuesday, 18 August 2015

Tech News 19-august-2015

1.   Smartphone prices in India may fall by 11% year-on-year in 2015 with demand for 4G devices capturing 6% of the smartphone unit demand, research firm GfK said. Besides, India would be the largest contributor to smartphone sales growth globally, it added. 

2.   Country's top telecom operators on Monday refused to take the responsibility for call drops and poor network connectivity and warned that services may worsen in the coming days if the government does not support boosting of mobile tower infrastructure and spectrum holdings.

3.   Silicon Valley-based venture capital firm Walden International plans to step up investments in India and is waiting for clearances to start a local fund to back hardware and technology startups.

4.  To rapidly expand its portfolio and reach, property portal Housing.com has acquired HomeBuy360, a cloud-based sales lifecycle management platform that connects developers, agents and buyers, for $2 million. 

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