According to Juniper Research, low-cost handsets and Smartphones will together account for almost 79% of all new mobile phones by 2014, or just over 1 billion units in all. New research has shown how the mobile handset market is becoming increasingly polarised between low cost handsets for emerging markets and high-end smartphones for developed regions.
Posts Tagged: emerging-markets
Bharti Telesoft has been renamed Comviva Technologies Limited as part of a company-wide re-branding initiative.
Sunil Bharti Mittal, chairman and managing director of the Bharti Group, said the name change also signals its intent to be the leading integrated VAS solution provider for mobile operators in emerging markets.
Pricing pressure for flat-panel TVs was among the factors given as LG Electronics reported a net loss for the fourth quarter, ended 31 December.
On a parent-company basis, LG reported sales of USD $4.84 billion for the quarter, an operating loss of USD $228 million and a net loss of USD $493 million.