The BRIC economies (that is Brazil, Russia, India, and China) need little introduction these days- the phrase has been around for nearly a decade since it was coined by Goldman Sachs- but as we approach 2011 does the acronym still represent the huge economic potential first written about by the investment bank? In its second [...]
Posts Tagged ‘China’
It’s been a while since I last posted on mobile banking. But market activity is continuing unabated. This week is a case in point with developments in three continents. Northeast Bank launched its mobile banking iPhone app. China’s three mobile operators China Mobile, China Unicom and China Telecom have partnered with the country’s largest commercial [...]
“May you live in interesting times.” That’s one euphemism that many of the leading players in the mobile handsets market could live without hearing at the moment. This week alone, we’ve seen Nokia announce sweeping job cuts and operational streamlining, rumours have surfaced that Motorola may offer up its handsets division to private investors and that Sony might buy out [...]
Samsung Electronics sold almost 200 million mobile handsets in 2008, a 24% improvement on the previous year. Thus, the company has become the only handset vendor, so far, to have reported y-o-y improvements in handset shipment volumes in each consecutive quarter of 2008. Indeed, this achievement is vastly superior to the overall 5-6% growth recorded by the [...]
Years of industry speculation concerning the scheduling of China’s 3G licensing process seem set to come to an end after the China Daily website published an article claiming that the Ministry of Industry and Information Technology (MIIT) will issue licences by the end of December. The MIIT has yet to say whether licences will be [...]
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