I recently updated to Android Studio 2.3, and now when I try to run the application, the emulator does not come online. It times out after 300 seconds.
Additionally,
Go to AVD Manager in your Android Studio.Right Click on your emulator,and then select wipe data.Then run your app again. The emulator will perform a clean boot and then install your apk then your app will finally run.
Summary:AVD Manager---Right Click Emulator----Wipe Data----Run App Again
If the problem presists,then simply go back to your avd manager ,uninstall emulator,then add a new emulator.Once the new emulator is added,in your avd manager,run the emulator...Then run your app. Its much simpler if you have an emulator already running from the onset before running your application for the first time