emerging markets

Apple, Samsung's next critical play: Affordable smartphones

If Apple and Samsung want to see their stock prices rise higher, their smartphone prices will have to fall lower.

Both companies have established a dominant position in the wireless industry thanks to their buzzworthy, feature-packed, and polished flagship smartphones. The iPhone 5 and the Galaxy S3 (soon to be displaced by the Galaxy S4) reign atop the sales charts, allowing the two to control more than half the smartphone market and virtually all of the profits.

But a look at both of their most recent financial results show that dominating the high-end smartphone market is no longer enough to … Read more

Smartphone makers, look to emerging markets -- Nielsen

If the mobile phone giants are looking to strengthen their revenue streams in 2013, developing markets could be the best place to spot.

According to a new report from Nielsen Wire, smartphones still have "room to grow" in several top emerging markets.

Specifically, Nielsen found that feature phones, which researchers defined as "devices with no touchscreen, QWERTY keypad or operating system" are far more dominant in India and Russia, covering 80 percent and 51 percent of mobile users, respectively.

That's definitely not the case in the United States. For example, in another report from Nielsen in 2011, … Read more

Google Free Zone aims at connecting developing countries

Google has launched a new service designed to get users in developing countries to access its core offerings.

Dubbed Free Zone, the service is launching first in the Philippines starting today. Users in that country will be able to access Google Search, Gmail, and Google+ from their mobile devices without incurring any data charges.

In an interview with Reuters published today, Google product manager AbdelKarim Mardini said that the service is designed to take aim "at the next billion users on the Internet, many of whom will be in emerging markets and encounter the Internet first on a mobile … Read more

Nokia delivers Lumia 510 for emerging markets

Nokia has launched the Lumia 510 smartphone, the cheapest Windows Phone-powered smartphone from the Finnish phone giant.

Designed for emerging markets, such as India, China, South America and Asia, the entry level smartphone bridges the gap between the Nokia Asha and the top-end Lumia devices currently on sale.

Sporting a 4-inch display with a 800x480 resolution, the latest Lumia weighs only 129 grams. The device itself is powered by a Snapdragon S1 processor with 256MB of RAM and 4GB internal storage. It also includes a 5-megapixel autofocus camera, GPRS/EDGE connectivity designed for developing cellular networks, along with 802.11n … Read more

HTC: Low-end smartphones would spoil our brand

In the pot of struggling smartphone makers, it seems like a logical move to push towards the emerging market.

The rapidly-expanding population centers make Brazil, Russia, India and China -- BRIC countries -- an attractive point of interest for smartphone makers when they fall on hard times. Research in Motion made a push with low-end smartphones, and Nokia always has. There's a trend emerging.

As the third musketeer in the dwindling smartphone sales race, HTC is taking a different move by signalling a full-throttle-ahead approach in its existing high-end smartphone markets.

The Taiwan-based smartphone maker said it wants to … Read more

Lenovo's fourth quarter a mixed bag

Lenovo's fourth quarter was a mixed bag relative to expectations, but its strategy to protect its home turf--China--and mature markets such as the U.S. while attacking emerging markets appears to be working well.

The PC maker reported fourth-quarter earnings of $42 million on sales of $4.88 billion. Wall Street was expecting revenue of $5.08 billion, according to Thomson Reuters. Barclays Capital was looking for $5 billion. Earnings appear to be better than expectations, but the estimates are all over the place.

For fiscal 2011, Lenovo doubled its profit to $273 million on revenue of $21.6 … Read more

Apple, overseas firms lead in value creation

Tech, media, and telecom companies in emerging markets and those considered "digital innovators" are among the world's tops in providing value to their investors, according to a new study from the Boston Consulting Group.

Out today, the report "Swimming Against the Tide: How Technology, Media, and Telecommunications Companies Can Prosper in the New Economic Reality" found that seven of the top 10 telecom performers, five of the top 10 media performers, and four of the top 10 technology performers are in India, Taiwan, Mexico, China, and other emerging markets. But global companies tuned into the … Read more

iPad prompts Gartner to trim PC shipment forecast

PC shipments around the world should rise this year and next, according to the latest estimates from Gartner. But the forecast doesn't look as promising as it did a few months ago, largely due to the impact of the iPad and other tablets.

For 2010, computer shipments are expected to hit 352.4 million units, a 14.3 percent rise from 2009. But that estimate is down from Gartner's prior forecast in September in which it was eyeing growth of 17.9 percent for the year.

Continuing that trend, shipments should reach 409 million in 2011, a 15.… Read more

Foreign companies increasing jobs in U.S., Europe

Companies in growing markets like China and India are adding more jobs in North America and Europe, a shift from the usual hiring patterns, says a new study from IBM.

Out today, IBM's new "Working Beyond Borders" study found that growth in jobs is now moving two ways--from emerging economies tapping into more mature markets as well as the more traditional reverse pattern.

The reason for the trend? As more companies expand globally, they're hiring people with the creativity, flexibility, and speed needed to help their expansion, prompting them to increase their staffing in North America, … Read more

Start-ups on a mission find new home with Inveneo

SAN FRANCISCO--The corner of Mission and 6th Street doesn't exactly look--or smell--like a hotbed for start-ups. The sight of pawn shops and adult movie stores and the stench of urine are just a few things that make it clear gentrification hasn't made its way to this intersection.

That doesn't mean the neighborhood lacks for good ideas, however. Indeed, one of the buildings on the block has become a top destination for socially oriented entrepreneurs bringing technology to the developing world. Mission Social, as the space is now known, is home to a total of eight organizations--with some room to grow.

Originally, the spot housed just Inveneo--a 4-year-old company that focuses on bringing broadband networks and computer connectivity to groups in emerging markets, particularly rural areas. However, when the company was looking to grow, its CEO Kristin Peterson decided to take the entire floor and open it up to smaller social enterprises willing to pay about $2 a square foot.

"It's really designed to be a space where there is a lot of opportunity for collaborations and a lot of like-minded organizations," she said.

So far the inhabitants of Mission Social range from Meedan, which creates crowd-sourced Arabic/English translations, to Blue Energy, which uses a combination of wind and solar energy to try to bring power to isolated areas of Latin America, mainly Nicaragua.

Other tenants include Web video start-up JustgoodTV; SparkSeed, a group that invests in ideas created by college students; and Green WiFi, which aims to equip schools in Africa with solar-powered wireless networks.

The result is that the space, which once housed a single upstart company, is now a center for a number of different ventures, united by the fact that each is made up of technically minded people looking to use their know-how to improve conditions in the developing world.

The idea of something akin to a "social Silicon Valley" isn't unique to Inveneo. Brazilian Journalist Gilberto Dimenstein had a similar idea, transforming a once-drug-filled neighborhood in Sao Paulo into a learning community filled with small entrepreneurs and educational institutions.

One of the first companies to move in with Inveneo was Catapult Design, a firm that focuses on designing products for emerging markets. The company's previous spot was in the city's hipper Dogpatch neighborhood in a space shared with other design firms, but founder Tyler Valiquette says he'd rather share space with those of a common mind than those that share a trade.

Valiquette admits he misses a few of the creature comforts and the tonier neighborhood.

"6th street is pretty rough," Valiquette said.

Valiquette's previous spot was an old canning company space that had been tricked out with stainless steel appliances and granite countertops by a dot-com start-up that eventually went bust.

"This place has a little bit more of the 'rough and ready' feel to it," he said of Mission Social. Plus, his old spot had a machine shop he shared with fellow tenants.

Still, Valiquette said, he values the camaraderie and common purpose over comfort as he designs products that range from LED lighting projects for Africa to small-scale wind turbines to stoves that reduce indoor air pollution.

That sense of fellowship is what the inhabitants of Mission Social say they value most.

As one of just two San Francisco-based employees of Digital Divide Data, Kathryn Doyle had been working from her kitchen table until she and her colleague moved into Mission Social.

"The idea of a shared workspace really appealed to us," she said, noting that both she and her colleague travel a lot, making a traditional space both impractical and expensive.

She also said being in Mission Social is personally gratifying.

"What we do can be really hard to explain," she said of Digital Divide Data, which aims to get businesses to outsource work such as book digitization to young adults in Cambodia and Laos who then go to college part-time and train for better paying jobs. "We are working with an intangible product that most people haven't heard of in lots of different countries that people can't point to on a map."

Doyle said her fellow tenants can appreciate--and even potentially help solve--challenges such as not being able to have enough electricity to do their work.

While most of the connections between tenants are informal bonds rather than business ties, there have been some more tangible collaborations. … Read more