LG to pump Rs.1000 cr on R&D in India, plans to start manufacturing phones

LG is the latest smartphone maker that is looking forward to start manufacturing smartphones in India. The company has stated that it will kick start production in the country after its market share hits 10 percent.

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Android continues reign with 84% of global market share in Q3 2014: Report

Android continued its dominance and captured 84% of global market share in Q3 of 2014, according to a latest report from Strategy Analytics. For the third quarter, global shipments of Android-based smartphones reached 268 million, up from 206 million for the same quarter a year ago.

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HTC gunning for 15% smartphone marketshare in India

HTC has been trying to stem its declining sales and has seemingly hit a home run with its latest handset, the One. Banking on its popularity and its portfolio for the rest of the year, the company has major expansion plans in India. In a report issues by PTI, HTC’s country head Faisal Siddiqui revealed that the company aims to double their market share in India.

HTC One
The Taiwanese smartphone manufacturer currently has a 6% share of the smartphone market in India. By adding two additional national distributors, HTC India has expanded its distribution channel greatly . The company also plans to introduce an EMI scheme for its high priced flagship device that was launched in India at the Rs. 42,990 mark.

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HTC’s Market Cap now at $33.8 billion, overtakes Nokia


Leading Android phone maker HTC has crossed the market cap of Nokia ($32.84 billion) and leads with $33.8 billion market share, reports the site All Things D. Recently they have surpassed RIM’s market cap that remains at $28.5 billion. Continue reading “HTC’s Market Cap now at $33.8 billion, overtakes Nokia”

Nokia 5800 XpressMusic crosses 1 Million in Sales

Nokia today announced that it had sold 1 million or 1,000,000 5800 XpressMusic Handsets which is currently its first mass market touch screen device.

The phone has also made a good start at UK

The phone was first launched in India earlier last year

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2007, a Blockbuster year for Mobile Phones

2007 was a blockbuster year for Mobile phones. Apprx. 1 billion mobile phones were sold in the year 2007. 2007 also saw some unique launches with Nokia launching their N Series devices followed by Apple launching the iPhone, which created ripples in the mobile phone industry. Continue reading “2007, a Blockbuster year for Mobile Phones”