Nokia Plans to Set up Dhaka Based Headquarters for Asia Region

August 16th, 2008 admin Electronics 0

NokiaDay by day the mobile phone users are increasing in Bangladesh. So many mobile phone manufacture companies try to shift their business in Dhaka, the capital of Bangladesh because it is one of the most stimulating cellular markets in Asia region. That’s why, Nokia, one of the leading mobile phone producers in the world, wants to expand  and develop its business, services and sales in ‘Emerging Asia’ with Dhaka based headquarters.

To disclose Nokia’s plan and program recently a press briefing was held at a big hotel in Dhaka and the new general manage for emerging Asia of this company, customer services and marketing operations, Prem Prakash Chand exposed the plan on the behalf of the company. He also said that he will supervise the entire activities in the Asia region from proposed the Dhaka-based headquarters in the press briefing Moreover he said that Nokia will raise consciousness among the local users to stop purchasing fake and illegal cell phones in order to ensure highest value of a Nokia mobile phone. He added that Bangladesh, Nepal, Bhutan Sri Lake along with the Maldives is included in the new future expansion plans for Asia.

For its quality and user friendly mobile phone, Nokia preserve 35% global market share. To increase their share Nokia plans to make its production plants in regions closer to where the large cellular markets are and the part of world wide cell phone expansion program Nokia already has set up production plants in China, India and other different countries.

Bangladesh is a very prospective country for cellular phone. Its mobile market is very bright. Most of the people from all types of classes use cell phone and than any other brand Nokia is most preferable among the people for its economic rate and user-friendly features. So Nokia wants to keep its popularity and market in the region, that’s why they plan to establish Dhaka based headquarters for its Asia region. Moreover it will help to provide more economic cell phone for the people as the production cost is low in Bangladesh than other countries.

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Sony Agreed to Buy Bertelsmann’s 50% Stake

August 9th, 2008 admin Electronics 0

SonySony is going to buy Bertelsmann’s 50 percent stake in their Sony BMG music joint venture business enterprise in a $1.2bn or £613.7m deal and the new company is to be known as Sony Music Entertainment Inc (SMEI). Moreover it will treat as totally-owned subsidiary of Sony Corporation of America.

Sony Music Entertainment Inc (SMEI) is second largest music company after Universal in the world and it will include many artists for example Alicia Keys, Justin Timberlake and Bruce Springsteen.

The agreement ends the tie-up between Bertelsmann and Sony signed in 2004 and the music collection will consist of labels for example RCA Records, Arista Records, J Records, Epic Records, and Columbia Records.

Both parties will carry on sharing manufacturing and distribution program between Bertelsmann’s services company, Arvato Digital Services and Sony’s manufacturing subsidiary, Sony DADC.

Bertelsmann already has been selling off several assets because it asks for to modernize and streamline its running business and the company hopes that this progress is consistent with their new growth plan, strategy and it will make able them to focus on their specific growth areas but the deal requires a regulatory approval for authorization and the deal is completed the last part of 2008.

Honda’s Sales Increased in Korea

August 7th, 2008 admin Automobile 0

honda motorSoaring  oil prices must have made a tough business environment for all automobile makers. Though  Honda Motor Co. Ltd is beating its own sales target and now it is the number one import brand in Korea. Its sales increased  95 percent in the first seven months of the year 2008 by selling 8,056 vehicles. It is sure that the sales number of vehicles does not look, much amount but the quantity represents a automobile market share of 2o percent among foreign brands vehicle in the country.

To say speak the truth, Honda’s previous seven-month sales amount for 90 percent of its actual sales target for all of the year 2008 and it is a pleasant surprised by the unexpected surge. Now Honda has upwardly set its new sales target for 2008 to 12,000 units from the earlier 9,000 automobiles. But the gas-sipping Civic or the hybrid do not drive Honda’s sales growth. Among the various models, the top selling model name is the Accord. It is powered by 3.5-liter V6 engine and it is accounted for around 40 percent of all its productions in Korea the year 2008.

Honda is also making a change in Korea’s imported autombile market and most of the action used to occur at the top part. Last year, Luxury German brands as well as the Lexus were the most popular import vehicles in Korea. But now, number 2 BMW’s share is just below 14 percent and it is more than 6 percent smaller than Honda’s. Mercedes Benz is in third position with 11.5 percent and Lexus fourth placed with 9.7 percent. Total sales of imported automobile jumped 33.7 percent in the previous seven months to 39,911 vehicles and the figure represents just over 6% of total automobile demands in Korea. Just  two years ago, imported automobiles provide only 3% of vehicles sales in Korea but nowadays the demand of imported vehicles have been increased.

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Toyota Sales Dropped!

August 5th, 2008 admin Automobile 0

ToyotaThe world leading car provider company Toyota’s car selling rate is uncertainly dropped. Toyota motor sales reported half-year sales of their cars are 1,240,086. It is down 10.3 percent from the last June. In the USA the sales drop 21%.

It is prove that the today’s world best automobile company is Toyota. There you will not found any city where you don’t see at least a single car of Toyota Company. The car of this company captures the whole world. There is a lot of Toyota cars, but people don’t bored with their newly addition of car. Their all designed car is attracted by the people. So the in the road you will see different model’s Toyota car is running. They are modern in their design with the passing of time. So the newly added cars are always stylish and have well facilities. So people are always waited for the new model of the Toyota car. Such as the new model of Allion of Toyota company was getting so much popularity among the user. If we see from the starting to 2007 the selling rate of Toyota car is really good. Though, some time it was fallen in a low rate. But half of this year sales rate is anxiously low for the company.

The last year selling rate and the popularity of the Toyota car was so much good. And even today the popularity of the car is not fallen among the user. So what is the reason for the falling rate of the car sale? It may be today’s increasing life leading cost, increasing of fuel oil cost the car selling rate is dropped. Others, with the increasing price of automobile parts the price of Toyota car is also getting high it can be a big reason for small amount of selling of Toyota car.

Sofinnova purchase cellular phone business from Safran

August 5th, 2008 admin Telecommunication 0

SofinnovaSafran has made a deed with French business enterprise capital firm Sofinnova Partners for the divestment of its cellular phone business. By the deal Esmertec AG has agreed to sign a contract with Sofinnova and Safran to get the ownership of Sagem Mobiles software platform activities. As part of the agreement Sagem Mobiles will keep on its business before the transaction is done.

Now, Sofinnova is looking for making a new cellular phone original design manufacturer company to develop as well as expand its product and to market these products under other manufacturers or the new brand names.

By the agreement Sofinnova will keep maximum stake. On the other hand, Safran will preserve around10 percent and they decide new company will be called Sagem Wireless. The company will work for mobile phone personalization as subcontract. And it will also operate for packaging operations to the Safran plant in Fougères. It will have around 70 employees at Cergy-Pontoise in Paris and 240 employees at Ningbo in China. They will work for the development of its software platforms with Esmertec and Purple Labs at Le Bourget du Lac in France. Purple Labs provide a complete Linux software suite as a customizable software solution to the wireless industry packaged. It offers full hardware with software reference design as well.

The company selects Pasquale Pistorio as the chairman of Sagem Wireless. He was former president along with CEO of STMicroelectronics and he was also former chairman of Telecom Italia. On the other hand Sofinnova is a shareholder of two companies. So Sofinnova will transfer 250 workforces from Sagem Mobiles R&D department for new company.

On the other hand, Esmertec provides Java in-device engines along with cellular phone services platforms. The new compnay provides high growth in Esmertecs business by increase consumer relationships through supplementary products as well as services ahead of Java in-device engines. It ought to offer a great opportunity to promote the soaring growth segment of voice-centric cellular phones with the getting hold of platform already installed in millions of cell phones of users. Moreover, it will offer a considerable expansion of Esmertec’s IP with patent base. It also make able the company’s mid- and long-term plan, policy and strategy to make longer its footprint in (cell phone) software stacks by making unite a mature software platform and a flexible with upcoming substantiation Java middleware as well as application layer to provide the future mobile phone convergence as well as consumer electronics goods business.

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