Tag Archives: Micromax

Handset-makers dial overseas for growth #Press #Media #HinduBusinessLine

After successfully making a dent in the market share of multinational phone-makers, the domestic players are eyeing double-digit growth from exports.

Karbonn Mobiles, which ranks as the third largest phone-maker in India, according to market research firm IDC, is looking to get 16 per cent of its revenues from overseas markets.

The Titanium series maker currently gets around 8 per cent of its revenue from exports, according to company officials. It made its foray abroad a year ago.

Sudhir Hasija, founder Chairman of Karbonn, wants to expand the company’s presence in Europe. “It would be great to make a mark in Finland, where Nokia was born,” he said. Other mobile device makers have followed Karbonn.

Swipe Telecom, a start-up that raised ₹30 crore from Kalaari Capital, expects to get 15 per cent of its revenue from exports of its products such as Konnect, a 5-inch phablet. “We do export our devices outside India, especially to SAARC countries,” said Shripal Gandhi, Swipe founder and CEO.

Similarly, Murali Retineni, Executive Director, Celkon Mobiles, said in 2013, the company got ₹40-50 crore from exports, which is 5 per cent of its revenue. “We aim to double it to ₹100 crore this fiscal, which will be approximately 10 per cent of our revenue,” he added.

In January, the country’s leading device maker, Micromax, launched operations in Russia and partnered with distributor VVP Group, with an eye on the world’s eighth largest economy.

Micromax introduced its Canvas series of smartphones and Bolt series of feature phones, with plans to be in the top four in that market.

‘Affordable’ segment

The push by Indian device makers comes at a time when Google has announced the ‘Android One’ initiative, which is about launching low-priced smartphones in emerging markets.

Also, Microsoft has discontinued the Nokia X series phones, which run on Android, targeted at emerging markets, thereby opening up opportunities, said industry watchers. “With Samsung and LG at the top end, Indian players are seeing a lot of opportunities in the ‘affordable’ phones segment,” said Sanchit Vir Gogia, analyst with Greyhound Research.

According to IDC, smartphone sales in India grew almost three-fold to over 44 million in 2013.

In January-March 2014, 17.59 million smartphones were shipped into India, compared with 6.14 million in the corresponding period of 2013.

Source: The Hindu Business Line

IBM, Apple global alliance for iPhone and iPad devices: How it will affect India #Press #Media #CommunicationsToday

The global alliance between IBM and Apple for iPhone and iPad devices targeted at enterprises is unlikely to shake up the Indian devices market in the near term.

Under this partnership, IBM will bring its new class of business apps involving big data and analytics capabilities to Apple’s iPhone and iPad devices, which will be targeted at various segments of the enterprise category.

However, this alliance is expected to have limited impact in a growing market like India, especially in the smartphone segment given Apple’s limited market share.

Vishal Tripathi, principal research analyst, Gartner told FE, “Frankly, I do not see a huge impact in an emerging market like India which is still price sensitive unlike the mature economies.”

He felt that if a similar announcement were to be made by Samsung then the situation would have been different given their dominant market share. “We are not an Apple country,” he added.

The alliance with IBM gives Apple a strong push into the enterprise segment. Sanchit Vir Gogia, chief analyst and CEO, Greyhound Research, terms this partnership as “interesting”.

He said this alliance would play a key role in shaping the bring your own device (BYOD) concept in Indian enterprise market, while adding that IBM will also bring in its expertise in connecting different kinds of technology platforms. Analysts felt Apple would certainly gain from IBM’s deep strength in the enterprise segment, whose financing arm could provide the much needed leverage in selling these devices.

Apple’s market share in India is below 10% in the smartphone segment, which is dominated by Samsung and followed by other homegrown players like Micromax, Karbonn etc. Similarly in the tablet segment also, Samsung is the market leader followed by Apple’s iPad.

This alliance will also likely to test Google, Microsoft, Samsung and Blackberry.

The Android operating system is the dominating software both in smartphone and tablet segments and it remains to be seems how this alliance will tackle this. Tripathi felt that these players may adopt a wait-and-watch policy before they take any decisions.

“We can expect a different kind of a war and enterprises are most likely to be given a lot more discount on Apple products,” Greyhound’s Gogia said.

Source: Communications Today

IBM, Apple global alliance for iPhone and iPad devices: How it will affect India #Press #Media #FinancialExpress

The global alliance between IBM and Apple for iPhone and iPad devices targeted at enterprises is unlikely to shake up the Indian devices market in the near term.

Under this partnership, IBM will bring its new class of business apps involving big data and analytics capabilities to Apple’s iPhone and iPad devices, which will be targeted at various segments of the enterprise category.

However, this alliance is expected to have limited impact in a growing market like India, especially in the smartphone segment given Apple’s limited market share.

Vishal Tripathi, principal research analyst, Gartner told FE, “Frankly, I do not see a huge impact in an emerging market like India which is still price sensitive unlike the mature economies.”

He felt that if a similar announcement were to be made by Samsung then the situation would have been different given their dominant market share. “We are not an Apple country,” he added.

The alliance with IBM gives Apple a strong push into the enterprise segment. Sanchit Vir Gogia, chief analyst and CEO, Greyhound Research, terms this partnership as “interesting”.

He said this alliance would play a key role in shaping the bring your own device (BYOD) concept in Indian enterprise market, while adding that IBM will also bring in its expertise in connecting different kinds of technology platforms. Analysts felt Apple would certainly gain from IBM’s deep strength in the enterprise segment, whose financing arm could provide the much needed leverage in selling these devices.

Apple’s market share in India is below 10% in the smartphone segment, which is dominated by Samsung and followed by other homegrown players like Micromax, Karbonn etc. Similarly in the tablet segment also, Samsung is the market leader followed by Apple’s iPad.

This alliance will also likely to test Google, Microsoft, Samsung and Blackberry.

The Android operating system is the dominating software both in smartphone and tablet segments and it remains to be seems how this alliance will tackle this. Tripathi felt that these players may adopt a wait-and-watch policy before they take any decisions.

“We can expect a different kind of a war and enterprises are most likely to be given a lot more discount on Apple products,” Greyhound’s Gogia said.

Source: The Financial Express

Apple-IBM alliance unlikely to shake up Indian market #Press #Media #FinancialExpress

The global alliance between IBM and Apple for iPhone and iPad devices targeted at enterprises is unlikely to shake up the Indian devices market in the near term.

Under this partnership, IBM will bring its new class of business apps involving big data and analytics capabilities to Apple’s iPhone and iPad devices, which will be targeted at various segments of the enterprise category.

However, this alliance is expected to have limited impact in a growing market like India, especially in the smartphone segment given Apple’s limited market share.

Vishal Tripathi, principal research analyst, Gartner told FE, “Frankly, I do not see a huge impact in an emerging market like India which is still price sensitive unlike the mature economies.”

He felt that if a similar announcement were to be made by Samsung then the situation would have been different given their dominant market share. “We are not an Apple country,” he added.

The alliance with IBM gives Apple a strong push into the enterprise segment. Sanchit Vir Gogia, Chief analyst and CEO, Greyhound Research, terms this partnership as “interesting”.

He said this alliance would play a key role in shaping the bring your own device (BYOD) concept in Indian enterprise market, while adding that IBM will also bring in its expertise in connecting different kinds of technology platforms. Analysts felt Apple would certainly gain from IBM’s deep strength in the enterprise segment, whose financing arm could provide the much needed leverage in selling these devices.

Apple’s market share in India is below 10% in the smartphone segment, which is dominated by Samsung and followed by other homegrown players like Micromax, Karbonn etc. Similarly in the tablet segment also, Samsung is the market leader followed by Apple’s iPad.

This alliance will also likely to test Google, Microsoft, Samsung and Blackberry.

The Android operating system is the dominating software both in smartphone and tablet segments and it remains to be seems how this alliance will tackle this. Tripathi felt that these players may adopt a wait-and-watch policy before they take any decisions.

“We can expect a different kind of a war and enterprises are most likely to be given a lot more discount on Apple products,” Greyhound’s Gogia said.

Source: The Financial Express

Budget 2014 Impact: Mobile Phone Prices May Go Up #Press #Media #SiliconIndia

Consumers may have to shell out more money for buying mobile phones as the government has proposed education cess on imported electronic products.

The move may push up costs of handsets by up to 8 per cent, especially smartphones that are mostly imported, analysts said.

Presenting his maiden Budget today, Finance Minister Arun Jaitley said the demand for electronics is growing very fast.

He said the government will “exempt all inputs/components used in the manufacture of personal computers from 4 per cent special additional duty (SAD) and impose education cess on imported electronic products to provide parity between domestically produced goods and imported goods”.

According to the Budget document, the education cess for all taxpayers will be 3 per cent in the 2014-15 fiscal.

Reacting to the proposal, IDC South Asia VP and General Manager Jaideep Mehta told PTI: “The education cess on imported electronics, including PCs and Smartphones, will challenge consumption growth as it will increase street prices.”

Greyhound Research CEO Sanchit Vir Gogia said manufacturing is still in nascent stages in India.

“There is hardly any manufacturing that is done in the country. Considering that most handsets are imported and add to that the education cess, we could see prices going up as much as 7-8 per cent,” he added.

Handset makers including Microsoft Devices (Nokia) and Micromax however did not comment on the impact on prices.

Source: Silicon India