Tamil Nadu Government today blamed the Congress-led UPA and its ally DMK for the closure of Nokia's manufacturing plant near here by making a Rs 2,080 crore tax demand.
Responding to a calling attention motion in the state Assembly on the closure of the plant at Sriperumbudur on November 1 last after a eight-year run, Industries Minister P Thangamani referred to the retrospective amendment to the Income Tax Act (2012) by the Centre.
Following this, a notice was sent to the company demanding income tax remittance of Rs 2,080 Crore and subsequently a legal battle ensued, he said.
"I am duty bound to say that it is the Congress and DMK that were responsible for the closure of Nokia plant," he said.
DMK, which was part of the Congress-led UPA, did not oppose the retrospective amendment act, he charged.
"Is there any mistake with us (our government)?" he asked the opposition benches and added "to do politics", protest demonstration was announced (by DMK) on the day of Nokia's closure. But people would not be 'hoodwinked'.
Finnish mobile handset maker Nokia wound up its operations at the plant here, the world's largest mobile manufacturing facility, due to its exclusion from the Microsoft-Nokia deal.
Nokia wants its new Puzzlephone to be built a little closer to home. This interesting concept that started with Google’s Project Ara will be surely making waves next year. The new phone will not be just something new on the market but will also be Nokia’s first project of this kind. What is the idea behind Puzzlephone, though?
The concept behind what Nokia has in mind is akin to Ara and that is having a phone with replaceable and upgradeable parts. Not only will this increase the life expectancy of your phone but will lower your costs significantly. No more readying your wallet when the next generation of smartphones comes out. Nokia’s Puzzlephone is made up from three parts: the Spine, the Heart and the Brain. Each part has a unique functionality as the Spine is basically the shape/structure of the phone along with the LCD and speakers, the Heart is the battery and secondary electronics and the Brain contains the processor and camera modules.
The idea of an upgradable phone is tempting as we all want to skip the part of paying extra.Smartphones are like computers with their numerous types of uses but Puzzlephone is taking this concept a little further.
Circular Devices, the team who came up with the project,will develop the phone in Espoo, where Nokia has its headquarters. While the release date is certainly close, Puzzlephone has been a work in progress since 2013. Currently Nokia is close to producing the first prototypes. Google Android OS will be included although they will be looking for alternatives. Puzzlephone will released in the second-half of 2015. While no pricing details have been released by Nokia, the Puzzlephone will be at a mid-range price. So, maybe you want to change your Puzzlephone but your current one has a great display. Just switch the other parts and you’re set.
MeldingsID: 366,185Generate PDF
Date / Time 11.28.2014 8:30
Issuer ABG Sundal Collier Holding ASA
Category NOTIFICATION OF TRADE
Information subject Mandatory notifications OAM message
Title Share transaction
ABG Sundal Collier Holding ASA has Wed., November 27
2014 bought 25,000 shares ASC from a resigned
partner. The purchase price is NOK 0.23 per share,
reflecting the restrictions imposed on partner
ABGSC Owns 172,444 treasury shares following Constantly the
Transactions above. The company has forward
contracts with partners purchasing was a total of
44,097,438 shares with settlement in 2015-2017.
ABGSC has authorization two re-purchase its shares in
the market or two issue new shares.
Already posted wanted to post whole article:Pharmaceutical giant Sanofi and telecommunication-networks provider Nokia exhibit classic characteristics of companies that are ripe for shareholder activists, according to a report from Credit Suisse HOLT. But a shake-up appears unlikely, given that institutional shareholders with a tendency toward activism lack critical mass in the two companies.
Sanofi’s shares (ticker: SAN.France) are flat on the year, closing Friday at 77.86 euros ($96.80), massively underperforming a 22% rise in the Stoxx Europe 600 health-care sector. The stock trades at 14.4 times forecast earnings for 2015, about 25% cheaper than the average of a sector peer group that includes GlaxoSmithKline (GSK.UK), Novartis (NOVN.Switzerland), and Roche Holding (ROG.Switzerland). Sanofi’s (SNY) very liquid ADRs closed Friday at $48.29.
The French drug maker’s performance has been hurt by a weaker-than-expected outlook for sales at its diabetes division due to pricing pressures in the U.S., and management upheaval. It ousted its CEO in October, and is yet to appoint a successor.
If Sanofi can orchestrate a credible pipeline reinvention, Credit Suisse HOLT analyst Michel Lerner sees potential upside, but he concedes, “Consensus clearly doesn’t see this happening anytime soon.” Its top-selling medicine, insulin treatment Lantus, faces generic competition imminently, and new drugs could struggle to replace lost sales for a few years.
But Credit Suisse HOLT analysts reckon that, if Sanofi can push up cash-flow return on investment from an estimated 7% this year to the sector average of 10% within five years, the stock could be worth #$%$95.43, or an upside of 27%. Appointment of a highly regarded CEO could be a catalyst for better times ahead.Nokia’s prospects look encouraging following the sale of its cellphone business to Microsoft (MSFT), but its valuation assumes no growth -- a potential entry point for activists.
Yet the Finnish company is in top-line growth mode for the first time in four years, it is better optimizing its R&D, and its high cash levels, at #$%$5 billion at the end of the third quarter, or more than #$%$1.30 a share, are set to come down, as the company returns #$%$5 billion cash to shareholders over the next two years through dividends, share buybacks, and debt reductions.
If those events occur, Nokia could be worth #$%$8.45, or 26% above Friday’s close of #$%$6.69. A consensus of analyst estimates rates Nokia a Hold with a target of #$%$6.93. Nokia’s U.S.-listed ADRs (NOK) fetch $8.24. The shares are up 15% in 2014, outstripping a 5% gain in the Stoxx Europe 600 technology sector over the same period. They trade at 21.2 times projected 2015 earnings, below Nokia’s average in the past 12 months of about 24 times.
In the absence of activists, Nokia looks like a better bet than Sanofi.
INTRALOT, A GREEK SUPPLIER of gaming and transaction-processing systems to the gaming industry, could be worth a look. With a market value of less than #$%$200 million and coverage by just a few investment banks, Intralot (INLOT.Greece) isn’t on many radar screens.But the Athens-based company is coming to the end of a cycle of capital expenditure that has seen it expand in the U.S., Europe, and Asia. It is expected to eke out a profit in 2014, but earnings could take off in 2015, and its stock could soon be on a roll. The stock closed Friday at #$%$1.18; it trades at just seven times forecast 2015 earnings of 17 European cents a share. That compares with an estimated two European cents in 2014.
Intralot trades at less than half its closing high of #$%$2.44 on March 17. Analysts’ consensus price target is #$%$1.70, which suggests upside of more than 40%. The company is a technology leader, benefits from long-term contracts with customers, and generates strong free cash flow. At the recent Sohn London Investment Conference, Mans Larsson, founder of Makuria Investment Management, reckons the stock could double or even triple in value in the next 12 to 18 months.
Say what? After last earnings October 23 Nokia has been buying back shares every day.Nokia Corporation NOTIFICATION 26.11.2014 at 18:30 NOKIA CORPORATION: ACQUISITION OF OWN SHARES 26.11.2014 Date 26.11.2014 Exchange transaction Buy Share class NOK1V Amount 684 000 Average price/share 6,6032 EUR Highest price/share 6,6400 EUR Lowest price/share 6,5600 EUR Total price 4 516 588,80 EUR -
What Happened? A cell phone that never needs recharging might sound too good to be true, but Nokia says it’s developing technology that could draw enough power from ambient radio waves to keep a cell-phone handset topped up.
Ambient electromagnetic radiation–emitted from Wi-Fi transmitters, cell-phone antennas, TV masts, and other sources–could be converted into enough electrical current to keep a battery topped up, says Markku Rouvala, a researcher from the Nokia Research Centre, in Cambridge, U.K.
Rouvala says that his group is working towards a prototype that could harvest up to 50 milliwatts of power–enough to slowly recharge a phone that is switched off. He says current prototypes can harvest 3 to 5 milliwatts.
The Nokia device will work on the same principles as a crystal radio set or radio frequency identification (RFID) tag: by converting electromagnetic waves into an electrical signal. This requires two passive circuits. “Even if you are only getting microwatts, you can still harvest energy, provided your circuit is not using more power than it’s receiving,” Rouvala says.To increase the amount of power that can be harvested and the range at which it works, Nokia is focusing on harvesting many different frequencies. “It needs a wideband receiver,” says Rouvala, to capture signals from between 500 megahertz and 10 gigahertz–a range that encompasses many different radio communication signals.
Historically, energy-harvesting technologies have only been found in niche markets, powering wireless sensors and RFID tags in particular. If Nokia’s claims stand up, then it could push energy harvesting into mainstream consumer devices.
Earlier this year, Joshua Smith at Intel and Alanson Sample at the University of Washington, in Seattle, developed a temperature-and-humidity sensor that draws its power from the signal emitted by a 1.0-megawatt TV antenna 4.1 kilometers away. This only involved generating 60 microwatts, however.
Smith says that 50 milliwatts could require around 1,000 strong signals and that an antenna capable of picking up such a wide range of frequencies would cause efficiency losses along the way.
“To get 50 milliwatts seems like a lot,” adds Harry Ostaffe, head of marketing for Pittsburgh-based company Powercast, which sells a system for recharging sensors from about 15 meters away with a dedicated radio signal.Steve Beeby, an engineer and physicist at the University of Southampton, U.K., who has researched harvesting vibrational energy, adds, “If they can get 50 milliwatts out of ambient RF, that would put me out of business.” He says that the potential could be huge because MP3 players typically use only about 100 milliwatts of power and spend most of their time in lower-power mode.
Nokia is being cagey with the details of the project, but Rouvala is confident about its future: “I would say it is possible to put this into a product within three to four years.” Ultimately, though, he says that Nokia plans to use the technology in conjunction with other energy-harvesting approaches, such as solar cells embedded into the outer casing of the handset.
The latest Nokia NOK 0% smartphone, the 1020, comes with a massive 41 megapixel camera. Begging the question, is it a phone or a camera? This is the wrong question. All phones are camera. All cameras are phones (or will be – they will soon all have WiFi or ability to connect to the Internet). The question to me more is what happens when you connect a superior image capture mechanism to the Internet. Equally important, when you put that mega-phone into the razor-thin margin economics of hardware, prices will come down amazing fast. So now the question becomes, what can we do with this super camera?
At 41 megapixels we can get down to extremely granular detail on many things. Granted, the Nokia device here can’t do that. But the key is the sensor size, and that’s what is enormous on this phone as compared to its predecessors. With such a powerful sensor, you can deploy the phone for far greater uses. For example, a phone could now capture microscopic details in water, looking for particulate matter of bugs. A phone could capture very minute differentials in thread weaves or fabric shades to detect counterfeit clothes. A phone camera, mounted on a drone, could capture fine-grained color shifts in forest canopies to measure fire risk or species concentration. The phone becomes the scientific instrument.
We are already seeing this with many of the iPhone and Android accessories that attach cheap sensors to smartphones, delivering distributed scientific and medical information capture. From a smart jacket that is an FDA approved EKG for heart monitoring to water quality sensors, the phone is headed towards becoming an amazingly powerful data capture system to measure and monitor our physical world. This changes everything as what had been previously the province of high-end science becomes affordable to all and real-time, on-demand information capture replaces data captured rarely and at great expense.
Images and the visual realm are probably the richest sources of information. We are adept at building technology to process images, from the adaptive optics software used to correct images from giant telescopes to the nifty shake-correction software that runs in the Nokia phone. And our eyes are the most efficient sensors we have (by most arguments). 41 megapixels, of course, dwarfs the power of our eyes. And now that set of mechanical eyes is in our pocket, connected to the Internet. What can we do with this? I can’t wait to find out.
Nokia Networks has announced the appointment of Marko Lius as the head of Bangladesh. In his new assignment, he has been entrusted with the responsibility of managing and overseeing the company’s operations in Bangladesh and representing the business to key external stakeholders in close collusion with the country management team.
Having joined Nokia in 1989, Marko has held several managerial positions within the sales domain in the company. In his last role, Marko was heading Networks System Solution Engagement for the Asia-Pacific region. His efforts have been instrumental in further strengthening the company’s business relationship with customers in Bangladesh and Asia.
Marko will report to Harald Preiss, head of Asia North at Nokia Networks.
Welcoming him to the new role, Preiss said: “With his extensive experience and strong relationship management skills, Marko will play a crucial role in terms of further driving Nokia Networks’ business momentum in Bangladesh.”
Sharing his views on the new assignment, Lius said: “I am committed to the successful implementation of our strategy and initiatives in Bangladesh and further enhancing our relationship with domestic customers, with the objective of reinforcing Nokia Networks’ image as the preferred network supplier in the country’s telecommunications industry.”
Born in Keuruu, Finland, Marko holds a graduate degree in Information Technology from the Kymenlaakso Polytechnic.
Nokia was once the biggest mobile manufacturer around the world which made it a synonym for mobile devices for many people. It was known for creating devices that were simple, easy to use and would last a lifetime without giving the user any problem.
But after ruling the market for a long period of time, this company vanished in just a matter of few years due to its decision to stick to windows operating system and not support android OS. Its mobile device division was sold to Microsoft which recently dropped the Nokia brand name from its smartphone range.
But Nokia created a slot of waves for making a powerful comeback in the electronics industry, but this time it chose a different segment and presented the NOKIA N1, its latest tablet running on Android OS. Quoted as the economical iPad mini, it looks very similar to the apple device but has some features that sets this device apart from the famous apple competitor.
The N1 is undoubtedly one of the most beautiful tablet available in the market. Its design is very similar to the already famous iPad Mini, which is not a bad thing. The N1 has compact dimensions and an aluminium unibody design, which makes it look a lot more premium than other devices in this segment. Weighing just 318 grams and having a thickness of 6.9 mm, this device is both lighter and slimmer than its main competition the iPad mini. Overall the device looks very nice, it has a compact design making it easier to handle.
This tablet runs on the latest Intel atom 2.4 GHz quad core processor that is based upon the 64 bit architecture similar to the line of processors on which apple devices run.
This device comes with a 7.9 inch display that has a resolution of 2048 x 1536 which makes this display very crisp and clear, making it at par with its primary competition iPad Mini which is known for its brilliant display. The only downside of this display is its ineffectiveness under direct sunlight.
To enable swift functioning of the system and to support running multi tasking this tablet comes with a 2 GB RAM which is more than sufficient to handle all its needs. A 32 GB internal memory is provided o store all the data, but an external slot would have made things much better.
The device comes with an inbuilt 5300 mAh battery which has enough potential to run the device for 9 hours even under heavy use.
The most unique feature of this device is its latest Z launcher which runs on the latest Android 5. The user interface is very nice and working is quite easy on this device. This launcher will be available for other devices through the play store.
This tablet is equipped with a par of very capable cameras that give this tablet an advantage over its competition. It has a 8 megapixel primary camera and a 5 megapixel secondary camera, both of which have remarkable performance.
The Nokia N1 is a very nice attempt made by Nokia in getting back into the market. Quoted as the affordable iPad mini, it is priced at 249 USD making it a lot more economical than its apple counterpart. It is a very capable device having the latest hardware available in the market. Apart from that it is very easy to use and has a premium finish to it.
Nokia surprised the market this week and announced a return to the consumer devices business with its new tablet, the Nokia N1. The networking major introduced its latest offering at the Slush 2014 conference in Finland. The Nokia N1, designed and built by Nokia Technologies, will be manufactured by Taiwanese contract manufacturer Foxconn and is likely to be priced competitively at around $249. Running the Android Lollipop operating system, its hardware features and specifications are interestingly very similar to Apple’s iPad Mini 3, which suggests that the company is trying to compete with the global tablet market leader but offering its product at a significantly cheaper price. However, Nokia plans to launch its product only in China initially (in February 2015) and later introduce it in Russia and select European countries. It hasn’t announced any plans to introduce the product in the U.S. any time soon.
Considering that Nokia can enter the smartphone market only in 2016 because of a clause in its deal with Microsoft, its decision to launch a tablet by licensing its brand and industrial design is a good way to re-enter the consumer business. However, it also raises a couple of important questions. With the global tablet market showing signs of slowing down, is it prudent to launch a tablet? How tactical is the plan to launch the tablet initially only in China? In this article, we talk about these aspects of the Nokia N1 and also discuss how it compares with the existing products in the market.
Our $8 price estimate for Nokia is about in line with the current market price.Global Tablet Market Trends
Global tablet shipments stood at 53.8 million units by the end of third quarter ending October 2014, growing less than 12% year-over-year (y-o-y) compared to a growth of about 52% in 2013. This marked slowdown in the growth of tablet shipments is a result of increasing availability of large-screen smartphones and “phablets,” which essentially are a mix of phones and tablets. The fact that users tend to share tablets among family and friends, unlike smartphones which are more personalized, is another contributing factor for sluggish growth in demand.
Innovation And Price Driving Tablet Sales
A comprehensive analysis of the aforementioned tablet shipments data reveals that the market for low-cost tablets is growing faster than premium ones and that growth is primarily concentrated in emerging markets such as China and India. The former is further validated from the fact that iPad sales have consistently declined for three straight quarters this year. While it would be premature to say anything about worldwide tablet sales in the future and customer preference in general considering that global tablet penetration is still very low, current trends suggest a shift towards newer brands which offer innovative features at competitive pricesThe rapid rise of Chinese electronics maker Xiaomi in its domestic tablet market this year is a case in point. Xiaomi has managed to increase its share to 7.6% in China’s tablet market within a quarter of its tablet’s launch (Xiaomi Mi Pad), competing against heavyweights such as Apple (29%), Samsung (8.2%) and Lenovo. There is ample opportunity for Nokia if the company finds the right balance between product features, price and the target market.
Nokia N1′s Opportunity In China
The Nokia N1 is a premium quality 7.9 inch Android tablet with a single piece anodized aluminium design and a layer of Corning’s Gorilla Glass 3, much like Apple’s iPad Mini 3. It is both thinner and lighter than the iPad Mini as well as Xiaomi’s Mi Pad. In terms of technical specifications, the N1 offers a 64-bit Intel processor clocked at 2.3 GHz with 2 GB of RAM, 32 GB onboard storage, IPS LCD display, 8-megapixel rear and 5-megapixel front cameras. This is on par with the best in the current market. It also has a few new features such as the reversible Type-C USB connector and Nokia’s new Android app- Z Launcher.
With comparable, if not better, hardware specifications and features than other top-selling high-end tablets, the Nokia N1 establishes itself in the premium tablet segment. However, it scores over the others in price. Compared to $399 for the iPad Mini 3, the Nokia N1 is expected to retail at $249, before taxes. This price point makes it a worthy competitor to Xiaomi’s top selling Mi Pad in the Chinese market, which is available at a starting price of $243 for the 16 GB model.
Other than branded tablets, there is a surge of small Chinese companies selling white-label tablets in China which retail for around $100. This is demonstrated by the fact that 50% of tablet shipments in China in the second quarter this year represented companies which each have a share of less than 1% of the market. While it is not possible to compare the innumerable white-label tablets to the premium and branded products, they will certainly add to the competition for Nokia in China. Total tablet shipments in China in the first five months of this year stood at about 11.1 million, up about 16% y-o-y.
We believe Nokia will be more focused on the branded tablet market for now. However, if it offers innovative financing options as well as a convenient shopping experience, Nokia might be able to lure some customers away from the white-label offerings as well.
http://www.businesskorea.co.kr/article/2118/global-sales-plan-samsung-electronics-planning-sell-550-million-handsets-next-year Do I hear Nokia HERE Map through every device including Apple and Android devices.Just waiting for Nokia to Monetize HERE look out Google :)
Should sell well only problem is people are so into Apple it is insane.Brainwashed.Apple has a pretty damn good racket going.Problem with not only the Americans but people in general are easily brainwashed.Americans are the worse.
Can Nokia crack Google's Moat? Interview Nokia has a radical strategy to outflank some of the world’s biggest technology companies, including Google, and it shared some of the details with El Reg in Barcelona this week.
According to Michael Halbherr, a key member of Nokia’s top executive team and arguably number two to CEO Stephen Elop, location-based human behaviour information is the new Google search results – instead of web pages, it’s “search results for the real world”.
This is Nokia's plan. To make intelligent inferences, it needs lots of data: Really, Really Big Data. What certain kinds of people do at a given time, on a given day, in a particular place. And the system needs to scale. So Nokia is licensing its location-finding services to rival phone manufacturers in order to achieve this.
Apple has its own. Android and non-Android manufacturers are reluctant to become dumb waiters as this valuable information is collected by Google. Fine, use our platform, Nokia says to them, and you can keep it and use it too. Google and Apple are not sharing their ‘behaviour platform’ quite as freely, if at all.
Halbherr provided some fascinating new insights into the thinking behind the plan for the first time anywhere.
He said we’re only at the beginning of what the technology can do. Mobile devices have maps – and in Nokia’s case, very good maps – that are responsive, vector-based charts that work offline and cover just about every corner of the world. They can include related information – such as traffic or restaurant reviews. So why’s it giving it all away?
Technology still doesn’t provide the right information people need when they need it - and still makes things really complicated for a mobile user, thinks Halbherr. “Licensing Frommer’s Travel Guide or Lonely Planet isn’t enough anymore,” he says.
“We think this is the next Google, only it’s indexing the real world,” said Halbherr. The platform learns about the individual and adds it to aggregate datasets, such as "what is there to do in Boston at 10pm after a football game".
Nokia EVP of Location and Commerce
“It’s a large-scale machine-learning problem,” he said.Halbherr arrived at Nokia in 2006 with the acquisition of mapping company Gate5; he has an engineering PhD, so when he talks about AI it’s in rather more grounded terms than what you might hear from other top tech execs.
If you think about how search engines started rating web pages – first by primitive keyword counts, then by Google-like page ranking – then it’s a natural progression. But you need a lot of data to do this, said Halbherr: “Where do people go at 10pm after a movie? It’s about building up these kinds of connections.”
Nokia isn’t alone in building these "placegraphs" or "human motion graphs" – but it is alone in seeking to share them with all-comers, which include rival handset makers. “Meaningful recommendations need deep analytics,” he told us.
Before going on to the implications, let’s clarify what Nokia is actually doing.Answering the toughest question of them all: Where's the nearest decent pub?
In 2007 Nokia acquired US electronic navigation company Navteq for $8.1bn, and thus grabbed a profitable intellectual property licensing business. Early on, Nokia sold upgrades to its handset users for turn-by-turn driving navigation, but then Google offered this for free. Nokia touted downloadable global maps – and Google now offers this for free, too. It’s a competitive business.
So how could Nokia realise some value from an asset that was being destroyed by commoditisation? By going horizontal. Halbherr sketches out a 3x3 grid for the HERE platform as it’s now called – there's no Nokia branding anywhere on the technology.
In one corner is where Nokia keeps its "first and best" products. Everything else on the grid is licensed out; this includes things that were touted as Nokia-only unique mapping-based apps but will rapidly become platform features. CityLens is an example: it’s now another HERE platform API called Livesight.
So the three tiers on the licensing grid are Nokia-only products, technology for Windows gear manufacturers, then things for all the other hardware companies.
“We look at the world through the eyes of an OEM [original equipment manufacturer]. We work with OEMs like HTC and Samsung, because an OEM controls the business model for the device,” he said.
The platform will be OS-neutral, and firms making an Android or Mozilla OS phone will be able to use the same features. And they’ll get the goodies that are Nokia’s exclusives today – such as vector maps and offline data: “There is a price for the data and a price for the SDK [software development kit]”, we're told.
Amazon is an SDK licensee, so programmers writing apps for the Kindle range are actually using Nokia’s HERE maps – they just don’t know it. The rebranding means apps formerly known as Nokia Maps, Nokia Drive and Nokia Transit (Transport in the UK) become the shouty-named HERE suite (and the equally shouty HERE Maps, HERE Drive and HERE Transit).
So a Nokia Lumia owner will get access to all the world’s offline maps, but an OEM gets just a country licence, Halbherr explained.
What would the platform be able to do once it had all this really big data? One example was that people would get a tip on which bar they might like after a movie. However, the very last bar I’d want to go to after a film is the bar everyone else had been tipped to go to. It would be pretty crowded, for a start, and hard to get a drink.
But the system could provide nudging information, Halbherr said, such as advising some people to leave work early for a faster ride and tell some others to depart later. Didn’t this risk running into the problems of behaviourism, I wondered?
The problem with this paternalistic approach is thatonce people realise they’re being manipulated, they stop responding as the system "thinks" they should. In fact, they may respond very negatively. This was a potential issue, said Halbherr, just as privacy was an issue. There had to be a strong trust relationship and not one manufacturers or service providers could abuse.
He’s certainly mindful of the pitfalls. Halbherr cited Frommer’s as an example of something that pleased mathematicians more than users – it averaged the feedback it received, and lost personal and idiosyncratic touches. It didn’t really give very good recommendations, in his opinion.
The mapping business at Nokia is doing very well today – bringing in #$%$400m in the last quarter – making it a significant company in its own right, and growingly rapidly. But with "real world search", Europe’s biggest tech company is launching the next epic industry battle, and Google is firmly in its sights. If it reaches even a significant fraction of Google’s web-page search revenues, then Nokia will be a significant disruptor, and a major player in its own right.
Will manufacturers nibble? We can't help but notice the fastest growing smartphone OS in the world is "Android without Google" in China. This appeals because it's cheap, it's a no-name manufacturer running on a MediaTek hardware package. HERE costs money. But if Nokia can get the pricing right, who knows?
Nokia’s sharp focus on its Location business, which we know as “HERE“, is as per its strategy to use HERE as its growth engine. Because of its huge potential, HERE is now getting some attention from analysts. Last we reported about Strategy Analytic’s take on HERE’s prospects.
Now, Counterpoint research’s analyst Neil Shah has come up with a very detailed article about HERE’s future strategy targeting various sectors. The article also deals with recent acquisitions, presents a good competitor environment analysis, discusses in detail HERE’s strategy for different sectors and what future holds for HERE. Some salient points,
HERE is pioneering the smart location and mapping platform: The HERE platform is evolving into a broader and intelligent location platform to expand HERE opportunities across different verticals beyond automotive and devices OEMs into consumer and enterprise. The recent acquisition of Desti and Medio, adds additional capabilities such as search/discovery and smartanalytics on top of the HERE’s robust core mapping and navigation platform to offer a more robust end-to-end location platform to grow
Not many competitors: There are a very few companies who have decent mapping assets with just couple of companies truly leading this space, namely HERE and Google. Apple with the help of struggling TomTom is trying to build its own-branded mapping solution but again Apple is not in the business of licensing and the mapping effort remains a pure vertical play not directly competing with HERE or Google.
Great Clientele: HERE may already have a reach to 600 million monthly active users thanks to its big name customers base from Microsoft, Amazon, Yahoo, Mozilla, Tizen, Garmin to Samsung Counterpoint believe that: HERE has a potential to become a highly contextual and intelligent search engine for consumers in coming years
Counterpoint research seems quite Bullish on HERE’s future prospects,
HERE is positioned right on the inflection point to be catapult to the next level of growth with its industry leading smart location platform. We believe HERE has a highly aligned strategy, offering and a unique position from business model perspective to go for the kill and tap into tremendous opportunities out there. We believe momentum is with HERE as competition is fading away and the next biggest competitors having completely different business models proving advantageous for HERE
After selling its handset business to Microsoft for $7.2 billion earlier this year, many people -- myself included -- thought Nokia (NYSE: NOK ) was done with devices and would focus on its core business of network infrastructure. Well, it appears we were wrong. Although the company can't manufacture cell phones because of a condition of the sale, Nokia is going to release a tablet next year.
The tablet appears to be focused on the low end. Dubbed the N1, the device has a 7.9-inch display, will cost approximately $250, and will be focused on the greater-China region. However, the most interesting part of the release is the company will use Google's Android operating system rather than Microsoft's (NASDAQ: MSFT ) OS.
They aren't competing on price
Earlier this year, Microsoft took a bold step of giving away its Windows license for phones and devices under 9 inches in a bid to entice OEMs, or original equipment manufacturers, away from Android. That came after an earlier price cut of 70%. The company wanted to increase supply of Windows-based tablets in order to increase adoption. Unfortunately, this hasn't spurred the type of adoption the company would like.
The Android mobile operating system is also free for manufacturers to install, but it does require a license to access Google Mobile Services -- a suite that includes Gmail, Google Maps, and Google Play. The license costs nothing but requires a certificate from a testing facility; many OEMs have complained these costs are rather onerous. That said, it is apparent that Nokia isn't looking at cost when comparing these two ecosystems. So what separates the two?China is important here
The key may lie with the target market: China. When it comes to operating systems and ecosystems, this is an easy choice. In fact, a Kantar Worldpanel September report shows how one-sided this fight has become in the Middle Kingdom. Using smartphone market share as a proxy for tablets, Google's Android commands a massive 83.4% of the market with Apple's iOS taking a distant second at 15.2%; Microsoft's OS holds fourth place with an estimated 0.4% of the market.
The Mi line has been accused of taking "stylistic cues" from Apple. Source: Xiaomi.
Led by Samsung and new and exciting upstart Xiaomi, Android already has a loyal following here. The Xiaomi example is encouraging for Nokia in many aspects. Essentially, the company came out of nowhere to overtake Samsung as the leading smartphone in the Chinese market. The company accomplished this task by taking heavy design cues from Apple's iPhone at a lower price point. And it appears Nokia got the message: Nokia's N1 looks similar to Apple's iPad.
And while it's simply too early to predict success for the Finnish company, this will be an interesting challenge for Xiaomi. Utilizing a low price point and marketing to a receptive domestic audience has been good for the company. Xiaomi is in talks to raise roughly $1.5 billion at a valuation of $40 billion. If its success can be replicated by Nokia, look for other companies to quickly copy this strategy.Microsoft device woes continue, but are improving
Microsoft finds itself struggling with devices, but things are getting better. The previously Nokia-owned Lumia line of phones actually reported its highest quarter of units shipped ever in its September quarter, although it didn't experience substantive increases in market share. In addition, the Surface line of tablets actually reported its first positive gross margin since its launch.
As these little wins increase -- eventually gaining users, market share, and acceptance -- look for more OEMs to partner with Microsoft. And don't be too concerned by Nokia's decision to use Android in China. Should the company choose to launch the N1 in Europe, they might be more inclined to partner up with Microsoft to take advantage of the Windows-friendly market there.
Worldwide markets are poised to achieve significant growth as wireless car charging pads permit users to charge the electric auto without disconnecting/reconnecting cables. Electrical vehicle charging can be done anywhere just by driving the car over the charger and positioning it correctly to pick up the current.
Wireless charging in the automotive industry brings inductive power for EV cars. Short distance power transmission is based on magnetic induction. With this technology, power is transferred when the receiver is close to the transmitter. Magnetic induction has been used for decades in electronic equipment. It is good because it is simple, efficient, and safe. It is now being applied to charging for electric vehicles.
Access full report on Wireless Car Charging Market: http://www.radiantinsights.com/research/wireless-car-charging-market
Market driving forces relate primarily to the need for efficient power generation for autos. Wireless car charger manufacturers are positioning car models with wireless charging to drive demand at the high end. Many electric vehicle car vendors are making wireless power a reality. Only two vehicles are supported now, the Chevy Volt and the Nissan Leaf.
Wireless power is an emerging technology that creates a better charging experience for consumers. Just as Wi-Fi replaced the need to use an Ethernet cable for Internet connectivity, so also wireless power is making recharging wirelessly a feature that is demanded by consumers with an electric vehicle.
- See more at: http://globenewswire.com/news-release/2014/11/19/684569/10108984/en/Global-Wireless-Car-Charging-Market-Worth-Will-Grow-To-4-6-billion-From-2013-To-2019-Radiant-Insights.html#sthash.I3WxyJdu.dpufMarket Participants:
Alliance for Wireless Power
Consumer Electronics Association
Good & Easy Technology
Google / Motorola
Integrated Device Technology Business
iPDA - Newlift Technologies
MC Power Technology
Microsoft / Nokia
Procter & Gamble
Procter & Gamble / Duracell
Power Matters Alliance
Qualcomm / WiPower
Rexpower Industrial Development
Shenzhen Koeok Electronic Technology
Wireless Power Consortium
- See more at: http://globenewswire.com/news-release/2014/11/19/684569/10108984/en/Global-Wireless-Car-Charging-Market-Worth-Will-Grow-To-4-6-billion-From-2013-To-2019-Radiant-Insights.html#sthash.I3WxyJdu.dpuf