I wondered this too but it turns out that Alcatel phones no longer have any connection with Alcatel the company. Alcatel Lucent's interest was sold off to the Chinese joint owner a couple (?) of years ago. Not unlike the Microsoft Nokia deal, I guess, the purchasers get to use the name still.
Beijing has announced a $182bn programme of network infrastructure spending, supplementing the development of China's service sector over the next two and half years.
AJMartin at The Register
The State Council, China's chief administrative authority, said the government will invest at least $69.3bn in network construction this year, which in turn will be supplemented with $112.8bn in expenditure before the end of 2017, all in order to accelerate the construction of fiber optic networks and 4G networks.
UK government network construction expenditure reached $1.221bn (£780m) in recent years. Or, approximately, $20 a head, while the Chinese investment will cost approximately $132 a head. Government expenditure has been matched by BT in Britain.
The investment is understood to be targeting the development of China's lagging internet speeds, which are often alleged to be suppressed by the Great Firewall, hampering growth in the country's domestic technology industries.
China ranks 62nd in the 2014 World Economic Forum's Network Readiness Index which measures the "propensity for countries to exploit the opportunities offered by information and communications technology".
The state investment follows Li Keqiang, the State Council Premier, announcing China's "Internet Plus" policy, which is intended to see the nation focus on domestic technology adoption in order to boost domestic growth while also giving Chinese technology firms a chance do do better overseas.
Complaining about China's internet speeds previously, Keqiang undershot the Network Readiness Index, instead seemingly favouring Akamai's State of the Internet: Q4 2014 report, stating that "China has more cellphone users than any other country, but its net service speed ranks below 80th in the world due to underdeveloped information infrastructure".
A focus on developing its tertiary sector follows a Communist Party decision to push the nation's economy away from its manufacturing base.
From the above named article :
"Alcatel has allocated $900,000 toward setting up a local factory so it can produce phones in Indonesia rather than importing them from China, as it does currently, Mr. Kwok said. It hopes to have the factory ready by the third quarter of the year."
Are the boys from Espoo simple going to say " we have no desire to enter into the cell phone market " and close the plant down in 2016 ? Or will they in fact be back in the phone business under the banner of Alcatel phones?
Sentiment: Strong Buy
From the Register
Nokia HERE, its mapping and location businesses, might be worth more than the former handset giant thought, as rival companies talk up the value, and a consortium of car companies square up to an alliance of Uber and China’s Baidu.
Nokia bought Navteq for $8.1bn and renamed it HERE, and then fell on hard times and sold its phone business to Microsoft (you know the story). That left HERE as a bit of an odd possession for a company which makes mobile phone network infrastructure.
When Nokia bought Alcatel-Lucent, the company said “Nokia has initiated a review of strategic options for its HERE business”, which meant that it was casting around for someone with about #$%$2bn to buy the business.
The company later seemed to change its mind, saying that a strategic review would not necessarily lead to a sale.
However, Reuters reports that simple industry competition could force the price above previous estimates, claiming the front-runner is a consortium of Mercedes, Audi and BMW, backed by private equity firm General Atlantic.
The value of the maps is what it would cost to create them, and what they can be sold for. The cost of creating maps has tumbled since the Navteq deal, with more technology in the hands of mapmakers.
The revenue stream has also been under pressure, as users expect them to be free.
One industry executive, who asked not to be named, told El Reg: “They were and still are an excellent company but it’s getting tough”.
Commercial users – such as Uber and the car manufacturers – have to pay licence fees, however, and a one-time purchase of HERE could reduce the costs in the long term, leading to speculation that the eventual price for the mapping division could even top #$%$6bn
Yeah Tuesday should be interesting day to say the least. The IT department can say what ever they want but the final decision will be made by the judge. I wonder if this past statement from Nokia had anything to do with the urgent hearing:
"We are involved in the process of standardisation of 5G network and we will decide closer to the date from which country and plant we should produce those products. Chennai plant is also an option," Nokia Networks' Vice-President of Manufacturing Operations Karl Kirschenhofer told reporters here.
With 5g and smartphone cameras showing up everywhere along with self-driving cars, consider this scenario.
Cars upload their own GPS data points along with OCR (Optical Character Recognition) information on street signs and business/home addresses. All of this data is accumulated centrally where the data is mined to correctly identify streets, houses, addresses, routes, number of lanes, construction areas, new roads, parking lots, etc. This data is then uploaded back to smartphones as a map.
There is no longer a need to maintain a fleet of specialized vehicles with drivers running circuits around the globe. Dash mounted cameras will "build" these maps automatically. Extremely off-beat roads may have percentages marked near them for how likely they truly exist based on the number of unique vehicles that have traveled those paths.
Do you think that is possible?
Just playing to the audience. . .
Sentiment: Strong Buy
gms1000, I've been reading your past posts. You contribute little (actually nothing) of any value or knowledgeable information, only derogatory mostly one liner posts. Don't you have something better to do? Like get a life or take night classes to educate yourself to communicate effectively on this board. Even a humorous enlightening post would suffice, but again I don't think you have the capabilities to do that. I've always wondered what it would be like to be someone like you; what a horrible thought.
fart.harris , another loser......
The basement ain't bad. Your mother "visits" every week. She leaves happy.
Sentiment: Strong Buy
Very mature Bart. When are you moving out of your parent's basement? Or were you so enabled growing up, you are now disabled?
Google (copy and paste): Press Trust of India, Nokia 21 May 2015. Click on article: Nokia News - NDTV Gadgets: 2nd publication from top. The whole article.