Also, through this acquisition, Lenovo gets to compete with Samsung more effectively across a broader spectrum of growth markets. Motorola, unlike Lenovo is a known name in US and other important markets of Western Europe and Latin America and has a strong foothold in the US and Latin America having 52% of its revenues from US and 20% of its revenues from the Latin American market, which Lenovo can get access to with the deal, thus having a much easier way of entering these markets and giving it in roads. Add to that, Lenovo also gets a company that has an impressive spend on R&D as compared to that of Lenovo. This would do a lot of good things to Lenovo if they are able to guide Motorola properly. By having Motorola, Lenovo got access to patents as well as an important strategic relationship with Google.
Essentially, instead of supplying the phones to retailers who hike the prices of phones to make a profit, Infinix mobility went for a new concept through which they sell their gadgets through the Internet using e-commerce firms like Jumia and Konga.com from Nigeria. This model worked well for them, especially owing to the fact that over 100,000 phones are sold monthly in Kenya. “This reduces the cost that is incurred through renting shops or using retailers. If we were to adopt other methods like other mobile brands then the prices would be higher,” said the CEO. This kind of success has been replicated in Nigeria, the Middle East, Europe and South East Asia region.
It allows the customers to make more and more purchases and thus boosting the feasibility of the online market in the first place. Figure 15: Real disposable income in India Technological: The boom of the internet age which made online market possible in the first place has now started to penetrate deeply into the masses, improving the scope of the industry by the day. Internet enabled cellphones running on Android and Windows OS are available at affordable rates for all socio-economic classes in the country. Apps and websites are on a roll and generating huge revenues for their parent
Recommendation 1: Investing on Innovation department Article 1: Adapting to black swan events This is one of the important step needed to be taken by HTC to grow in market. In order to survive the tremendous competition in mobile market, innovation is the key. People prefer newer, faster and unique versions of mobile gadgets over older, slower versions. They would not hesitate to buy a new mobile though they own a mobile already if the new one is better in performance compared to their mobile. HTC has invested huge on Magic labs already which is its innovation
Benefits • One of the major benefits that accrued to Hindalco from this acquisition was the increase in its global presence. The management of Hindalco concurred to the fact that the Hindalco Novelis acquisition would enable them to further internationalize Hindalco’s operations. Novelis was the second largest company in aluminium recycling in North American continent and the pioneer in production of rolled products in European, South American and Asia Pacific markets. With the takeover, Hindalco now has these glories and the control to itself. • As we know that the aluminium products are very much less cyclical in terms of price fluctuations than the raw aluminium metal itself, the Hindalco-Novelis acquisition would offer Hindalco a much more
They need to introduce innovative mobile phone at the lowest price to attract huge customers. In the software, new apps should be introduced, so that people can easily find how to use and they can also carry them to daily routine work and enjoy the sound quality of its parts. In order to expand Motorola’s business it should use some techniques of market strategies. The strategies are: Six sigma qualities Total cycle time
Thanks to globalization technology has travelled all over the world to help people have easy access to information. Information can be accessed easily and freely through the internet, mobile phones, television and other devices. Globalization has increased the economic right for people worldwide especially in the developed world. There has been an increase in the standard of living of many people hence healthy lifestyles. However in my opinion, globalization has done more harm than good to the people of the world especially people in the developing world.
Samsung had to sell businesses to relieve some of their debt and lower employees to 50,000 persons. Thanks to the electronic industry, their most important source of income, Samsung was able to survive the financial crises and continue to grow their global brand. Apple competes mainly with Samsung Electronics’ part in the mobile phone industry and the history of Samsung Electronics producing mobile phones stretches back to over 20 years. In 1993, Samsung Electronics developed the ‘lightest’ mobile phone of its time. It was called the SCH-800 and it was available on CDMA networks which are still the world 's most widely used cell phone network today.
This is helpful for firms if it has large product mix as there is less need to concentrate on Individual product type strategy. Because of the performance of the Samsung in the market, people have trust on all its products. Samsung gives a fast service for its products and it is well known. As it is present in different product categories Samsung uses various pricing strategies. Samsung uses skimming price strategy for its mobile phones.
Ghana had offered a direct route major European markets. This makes it easier for Blue Skies to employ freight services to conveniently reach its consumers. The cost of freight services to Europe is relatively cheaper thus, cost-wise, it was prudent to settle with Ghana. With regards to inputs and government incentives, Ghana produced larger quantities of pineapple for export. Though countries like Ivory Coast and Costa Rica exported more, Ghana was the leader in the air-freight export business.