Are landlines passe' in India? I heard that in some areas, the phone copper
wires have been stolen to sell as metal and repair has not been done. What is
internet communication using? Video cables?
Dilip
==============================================================
India overtakes U.S. as Nokia's No.2 market Reuters
Thursday, August 23, 2007; 6:21 AM NEW DELHI (Reuters) - Nokia
(NOK1V.HE), the world's top cellphone maker, said on Thursday India overtook
the United States in the second quarter to become its second-biggest market by
sales after China.
Nokia shipped 60 million handsets from its factory near the southern Indian
city of Chennai in the 18 months to August, and CEP and President Olli-Pekka
Kallasvuo expects demand to remain strong as India's user base surges.
"India has quickly become one of the largest markets," he told reporters in
New Delhi, adding he expects demand will not be limited to low-cost phones.
Globally, Nokia sold 100.8 million phones in April-June and, according to
research firm Gartner, had a market share of 36.9 percent.
The Finnish firm reaffirmed that Nokia Siemens Networks (NSN.UL), its joint
venture with Siemens (SIEGn.DE), would invest $100 million in India over the
next three years.
Kallasvuo is on a three-day visit to India to meet government officials,
clients and component suppliers.
Nokia had earlier said it expected India to become its No.2 market by volume
by 2010, if not sooner.
Last week, it warned consumers that 46 million batteries used in its mobile
phones could overheat, and offered to replace them for free while it negotiates
with battery maker Matsushita (6752.T) on who would bear the costs.
"We are not giving out estimates on the cost of this exercise as a whole. But
of course we feel Matsushita as a supplier is responsible to us," Kallasvuo
said.
Nokia, which makes more than a third of the world's phones, has set up a
design studio in India, the first in a series of global satellite studios to
develop ideas for emerging markets.
Seven global component makers have invested $500 million in the Nokia Telecom
Park near Chennai and are likely to employ more than 30,000 people when fully
operational, Nokia has said.
Nokia employs 9,000 people in India -- up from 450 in 2004 -- and would
continue to invest in India, Kallasvuo said, adding that production can be
enhanced as demand grows.
"India is not a low-end market. It is a very versatile market in all price
points, in all segments," he said.
Nokia exports half its India production to 58 countries in the Middle East,
Africa and Asia-Pacific.
But competition is also rising in the world's fastest-growing cellphone
market. India had 185 million mobile customers at end-July, with more than 6
million new customers signing every month, lured by call rates as low as 1 U.S.
cent a minute.
Motorola Inc (MOT.N) and Sony Ericsson (6758.T) (ERICb.ST) have stepped up
their presence, while Samsung Electronics (005930.KS) and LG Electronics
(066570.KS) also compete.
_______________________________________________
assam mailing list
[email protected]
http://assamnet.org/mailman/listinfo/assam_assamnet.org
