Posts tagged ‘samsung electronics co’

09/05/2013

* Nokia Unveils $99 Asha Smartphone

WSJ: “Nokia Corp., NOK1V.HE +0.30% struggling to regain ground in the competitive smartphone market, unveiled a $99 touch-screen smartphone for India and other emerging markets to help drive sales.

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At a product launch event in New Delhi Thursday, Nokia said its Asha 501 will run on the new Asha platform.

The Finnish handset maker said the smartphone will initially run on a second-generation network, but it plans to expand the device for faster 3G services.

Nokia President and CEO Stephen Elop at a news conference at the Mobile World Congress in Barcelona in February.

Chief Executive Stephen Elop said the smartphone was built on the design inspired by the company’s higher-end Lumia smartphone and is targeted at “young, socially inspired” people.

The smartphone has a 3.2 megapixel camera, weighs 98 grams and has a memory capacity of 4 gigabytes that can be expanded to 32 gigabytes. It comes in different colors including red, green, yellow and white, the company said in a statement.

Nokia, once the world’s largest phone maker, has struggled to compete in the high-end smartphone market dominated by Apple Inc. AAPL +1.12% and Samsung Electronics Co. 005930.SE +1.81% Adding to its woes is stiff competition from Chinese manufacturers as well as other low-cost Indian phone makers such as Micromax Informatics Ltd.

Up until last year, the Finnish mobile company’s last stronghold was India, but it is seeing increasing threat from Samsung in the country.

Nokia held a 26% share of the 170 million handsets shipped to India in 2012, with Samsung following closely behind with 22% of the market, data from Singapore-based mobile research firm Canalys shows.

In the fourth quarter, Nokia ranked second globally with 18% of the market, down from 23.4% a year earlier. Samsung ranked first with 22.7% and Apple Inc.’s market share rose to 9.2%.

Despite losing share to Samsung, Nokia’s handset sales improved due to strong demand for its Asha series and Lumia Windows phones, market research firm Gartner said.”

via Nokia Unveils $99 Asha Smartphone – WSJ.com.

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27/02/2013

* Apple Acts to Crack India Market for iPhone

WSJ: “Apple Inc.  is overhauling its iPhone operations in the crucial Indian market, attempting to chip away at Samsung Electronics Co.’s  dominance by adjusting to the country’s retailing rules and convoluted distribution process.

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But the Cupertino, Calif., company still has a long way to go.

That’s no small matter as Apple’s growth slows in the U.S. and other mature markets. India is poised to become the world’s third-largest smartphone market this year, behind China and the U.S., according to Strategy Analytics.

Apple doesn’t have any of its own retail outlets in India and relies on distributors and resellers, such as this Croma store in Mumbai.

Apple is sidestepping wireless carriers to seize greater control over marketing in India and offering no-interest loans to lure lower-income consumers. The company has also boosted staff in India by 30% to 170 employees in the past six months. And it is ramping up the introduction of other products, with the Apple TV video-streaming gadget expected to reach stores in coming weeks, people familiar with the matter say.

The result is that Apple shipped more than 252,000 iPhones to India in the quarter through December, more than triple the number in the previous three months, according to research firm Canalys.

Yet Apple accounts for just 5% smartphone shipments to India, compared with 40% for market leader Samsung. The South Korean company surged ahead by making India a high-priority market earlier than Apple did and offering a range of phones based on Google Inc.’s  Android software that start at just over $100. An older generation iPhone sells for around $500 while the latest model starts at nearly $850.”

via Apple Acts to Crack India Market for iPhone – WSJ.com.

25/01/2013

* China’s Huawei Creeps up on Apple, Samsung

WSJ: “As Samsung Electronics Co. and Apple Inc.  try to defend their dominance in the smartphone market, the latest data show China’s Huawei Technologies Co. coming third in terms of market share for the first time, indicating that a rapid increase of smartphone users in China and other emerging markets may be starting to alter the global landscape.

According to research firm IDC, Samsung’s smartphone market share in the fourth quarter through December rose to 29% from 22.5% a year earlier, while Apple’s share dropped slightly to 21.8% from 23%. Meanwhile, Huawei’s share rose to 4.9% from 3.5%, ahead of Japan’s Sony Corp. , whose share also increased to 4.5% from 3.9% a year earlier. Another Chinese company ZTE Corp., came fifth with 4.3%.

“The fact that Huawei and ZTE now find themselves among the Top 5 smartphone vendors marks a significant shift for the global market,” said IDC research manager Ramon Llamas.

via China’s Huawei Creeps up on Apple, Samsung – China Real Time Report – WSJ.

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