Posts Tagged ‘business’
Hyundai is quite near to finalize a deal with Advantage Cellular (a UK mobile telecom company) to start its cell phone business in the UK.
Hyundai says that they can develop such devices as can make people salivate in UK. “We will soon be able to capture five to six % of mobile market in UK,” they added. Aren’t these guys somewhat over-ambitious?
Mobile Today reports that Hyundai is planning to reveal ten to fifteen handsets at Mobile World Congress that is going to be a real big event for Hyundai.
Among these handsets, a Windows Mobile phone has also been included that is expected to debut in July this year.
Craig Berger, who is a FBR Capital Markets analyst, says in his research report that Apple to significantly cut back its iPhone production by 40 percent in Q4.
The company has already predicted to cut its production output by 10 per cent after selling almost seven million phones in the third quarter, however, the current report indicates a much larger figure.
It is unknown how much inventory Apple builds after the successful launch of the iPhone 3G that got far better response than the original iPhone.
