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Competition in the mobile phone industry
Competition in the mobile phone market
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With the revolution of modern technologies especially in smartphone these days changes the growth in communication devices market. The levels of competitions are rising up both locally and internationally. This competition affects not only in innovation and production, but also in marketing and the demographic markets. Not only U.S, but other countries such as Korea and China are opening up and growing in economy, making them some of the most active in smartphone market.
There are 3 countries on the top of smartphone market share, U.S, Korea, and China. Korean’s smartphone company domination in worldwide triggers the U.S and Chinese company to widen their market in smartphone. This affects business in international such as economy growth, international trading, technology advancement, etc. In China, smarphone company like Oppo, Lenovo, Xiaomi, start to rise and compete in the smartphone market worldwide.
Within the rise of China’s smartphone sales worldwide, now China has a bigger impact in every aspect in international business, so they begin to dominate international tr...
On 20th December 2013, it was announced that BlackBerry and Foxconn had agreed a 5 year strategic alliance whereby Foxconn will design, manufacture and sell consumer BlackBerry devices in Indonesia and other emerging markets (Taylor and Mishkin, 2013). To develop our understanding of this alliance, one must view it in the context of both BlackBerry’s and Foxconn’s recent performance in the markets.
Mobile is the first order priority device for access because people are connecting with others, finding entertainment, and doing business—all with smart phones. The prices of mobile phones are never over $1,000 in today’s world. They are affordable and accessible. As the result of the changes the worldwide and national business environment has undergone, people own 1-2 cell phones on average. However, the mobile markets in US seems to have been saturated.
In today’s current economic state, the likelihood of a company entering into a global market is inevitable. Multinational corporations (MNCs) such as Vodafone are required to standardise their Research & Development activities throughout the world in order to penetrate the market. This is achieved by obtaining new technological opportunities, such as the most up-to-date phones, thus maintaining a competitive driver in the market.
Have you heard about Xiaomi? Xiaomi is a Chinese technology company, and it was founded in April 6, 2010 by entrepreneur Lei Jun. He became one of the China’s top 20 richest person with net worth US$ 9.1 billion after four years that Xiaomi was founded(Olson, 2014). Therefore, Xiaomi was expending very rapidly. Up to now, the company produced smartphone hardware, software, and internet services as well as accessories. Xiaomi not only hires Chinese technical talents, but also recruit international talents. For example, it hires smart and talented people who worked for Google, Microsoft, Motorola, Yahoo and other successful technology companies around the globe before. Xiao has over 8,000 employees, mainly in mainland China, Malaysia, and Singapore, and is expanding to other countries such as India, Indonesia, the Philippines and Brazil. In 2014, more than 60 million smartphones were sold worldwide, and Xiaomi earned $12 billion revenue as a result. Xiaomi becomes the third largest smartphone producer in the world currently. In addition, after Xiaomi successfully secured $1.1 billion investment with a company valuation of $45 billion, it has achieved the status of the most valuable technology start-up in the world
Over the last 30 years the world has seen drastic changes in the Chinese way of making business. Nowadays, China has opened its businesses to the rest of the world, especially America and Europe (Teagarden & Cai, 2009). As a result, their economy has increased and the evolution of the companies have changed to be from closed doors to be international and multinational (Teagarden & Cai, 2009). This essay will analyze, first of all, how some Chinese companies have had success abroad, looking at the strategy that they applied to expand and to improve their products. Furthermore, this essay will show examples of successful Chinese firms, such as Lenovo and TCL Group, and how they achieve it.
This paper provides the relevant knowledge of international business to examine and analyse the key issues for Huawei in its business and the international market place. Firstly, a brief introduction of Huawei will be given and its main drivers in emerging markets will be presented under the theory of foreign direct investment (FDI) before showing its entry mode. Then, there will be a discussion about the core external environmental issues that Huawei underwent when it operated its business in emerging markets: India and South Africa. Next, it looks forward to justifying the key opportunities and challenges when it moves in to India and South Africa. After that, Huawei’s international business operations with the evaluation of its company structure as well as control mechanisms will be specified. This part includes a section that how human resources management (HRM) impact its international business operations. At the end, the suggestions of external environmental issues need to be coped with in the future will show before drawing a conclusion.
Competitor environment and customer environment can play an essential role to either make the company more successful or staying behind. For a company to stay competitive, it has to gather all the information about the other competitors. Their strengths, weaknesses, and their latest projects. As it is known, Samsung is the strongest contender for Apple when it comes to manufacturing personal phones. There is no doubt that Samsung has all the data about Apple. Whenever Apple presents a new product to its clients, Samsung in parallel launches its product that either similar to Apple features or has an advanced technology that differentiates it from Apple. Those types of techniques that Samsung embraced, allow it to compete with Apple for more potential customers. In addition, it helped Samsung shift trends towards its brand. The majority of customers are more attractive to the affordable costs and flexibility. Therefore, Samsung provided its clients with a variety of services that shifted more business from Apple. For instance, Samsung works with Google Play Store. This store offers several free applications that Apple in contrast charge for them. This factor contributed significantly from switching from Apple products to Samsung brands. In addition to the cost of applications, Samsung has more advantage than Apple when it comes to expand the capacity of the memory. It takes only a micro SD
Manufacturers and service providers of cell phones are located throughout the world, although, as inCode, a wireless business and technology consulting firm, suggests, “Not many wireless carriers today have a truly global presence.” However, the company predicts that “the top 10 wireless carriers are going to make a push for globalization in the coming years” (“InCode releases…”). Most especially, inCode foresees service providers reaching to “unconquered markets like China, which is the fastest growing wireless market in the world” (“InCode releases…”). Some companies have already tapped into the global marketplace, spreading areas of coverage across continents. The cell phone manufacturer Nokia, for example, is rooted in Finland, but sells cellular phone products virtually everywhere on the globe. Service providers, although most often more less expansive in scope, are also trying to provide more global coverage.
Indian and Chinese smartphone manufacturers are classically disruptive as they manage to produce products that are good enough at a fraction of the cost of comparable models from premium brands. Major local manufacturers now account for two-fifths of China's smartphone market, and one-fourth of India's. Xiaomi already sells four of the top 10 best-selling Android devices in China, and operates one of the top five app
"In a mobile-phone landscape, Xiaomi’s rise to prominence is not an everyday occurrence" - Melissa Chau, Senior Research Manager for client devices, IDC Asia/Pacific
Report on Mobile Phone Business Terms of reference: In this report I will examine the business of Mr Khan's mobile phone shop and advise him on which legal form he should take; either setup a sole trader or go into partnership. I will study all the advantages and disadvantages of sole trader and a partnership business. Finding: Advantages of a sole trader Disadvantages of a sole trader Easy to setup and to run- not many forms to be filled in.
One Core competence as defined by C.K Prahalad and Gary Hamel (May-June 1990) provides potential access to a wide variety of markets. Nokia once established itself as the world leader in mobile phones and concurred with the above definition. However from 2008 to 2010, Nokia’s global handset market share declined from 35% to 5%.It set the unenvied new world record of the fastest collapse in history of mobile phone sales over a year (-62% - Tomi Anohen Consulting Analysis January 2013). Nokia has thus seized to be “something that opened up a good number of potential markets.”
Nokia, the leader of mobile phone manufacturers, has a successful strategy in the emerging markets. According to the case study, Nokia has been extremely successful in the past 15 years. They had the longest and the most complex supply chain, held almost 40 percent
However, worries have emerged that demand could be slowing down for Apple 's biggest moneymaker. The smartphone market overall isn 't growing as fast it once did. Shipments worldwide should rise only about 10 percent this year, according to IDC, well below the 28 percent increase in 2014, with China shouldering much of the responsibility for that slowdown. The smartphone market there has been maturing, and the country 's stock market has been in turmoil amid concerns about an economic slowdown.
The year is 2014, the markets are changing constantly, and they always have to meet the needs of new consumers as well as old consumers. Mobile telephones have been in the retail and wholesale business for quite some time, and are only evolving from here on out. There are things that these cell phones can bring us that are major benefits in our everyday lives. Cell phones bring us maps, radios, address books, and even flashlights now. Cell phones have taken shape from a huge portable device to a more convenient thin device that can fit in your pocket. With time in any consumer market, the consumer adapts to the technology that makes their life easier. The constant innovation of cell phones has led us to smart phones, and these smart phones are capable of putting certain businesses out of the market. Businesses that engineered PDAs in the past were met with challenges because smart phones are able to match their productivity. Land lines have become useless since everyone can afford a mobile device now. Listening to music has also switched from a traditional CD Player/MP3 Player to an everyday smart phone.