Nokia named the executive who will head up its business in India after the completion of its proposed €15.6 billion ($16.7 billion) merger with Alcatel-Lucent.
Research firm IDC said smartphone sales growth in 2015 will be slower than it had expected as sales in China slow down and the market there starts to become more saturated – and more like mature Western markets.
Google's Android One program, which formally kicked off in September 2014, has not had much of an impact on the market, according to a report from research firm CCS Insight. Android One is designed to give consumers in emerging markets, especially those buying their first smartphone, access to cheap, up-to-date Android phones that will receive the latest software updates from Google for up to two years.
After a year of delays, Samsung finally released a smartphone running its Tizen operating system. The Z1 runs the Tizen 2.3 OS, supports two SIM cards and features a 1.2 GHz dual-core processor, 3.1-megapixel camera and 4 GB of on-board memory, and will sell for $92 in India.
Even as it was making a splash with a DOCSIS 3.1 announcement at CES, chipmaker Broadcom laid out plans to jump feet first into opportunities within the cable broadband and OTT space in India.
In the next few weeks Google and its partners will expand the search giant's Android One phone initiative beyond India to the neighboring countries of Bangladesh, Nepal and Sri Lanka. The world's first Android One phone was unveiled in September for around $105, and the wider program represents Google's most intensive effort yet to not only expand Android to entry-level phones in emerging markets also to control the user experience.
Xiaomi posted $56.1 million (347.5 million yuan) in net profit last year, according to a regulatory filing. The filing provides a glimpse inside the finances of privately owned Chinese smartphone vendor Xiaomi, which has rocketed up the rankings to become one of the world's top smartphone brands in the past few quarters.
Although Chinese-based smartphone makers Xiaomi and OnePlus have garnered attention and market share this year as sales of their low-cost models have thrived, the companies face obstacles to expanding globally, including patent litigation and a lack of brand awareness among Western consumers.
We are now entering a new phase of competition in the global smartphone market and the likes of Lenovo and Xiaomi are poised to make life a lot more difficult for market leaders Samsung Electronics and Apple. How Samsung and Apple respond will go a long way to determining whether they can maintain their status as market leaders, though I think Samsung has a lot more to worry about right now than Apple does.
Telenor has increased its stake in Indian unit Uninor to 100 per cent from 74 per cent, following a similar move by Vodafone in April that saw the UK-based operator increase its stake in Vodafone India to 100 per cent.