• Sign Up
  • |
  • Sign In Sign Out
  • |
  • Make us your home
  • |
  • RSS
1 2
1 15
1 4
1 9
1 13
1 25
IPO
1 5015
1 5013
  • Weak Q3 nos reflecting in the current stock prices
  • Trends for CY'09 hints at low inflation and interest rates
  • Expect GDP growth rate for current fiscal at 7%
  • Shanghai up 1.5%, Kospi up 1%, Taiwan up 0.5%
  • Hang Seng down 1.1%, Straits down 1%
  • Asian markets trade mixed; Nikkei up 0.5%
  • Sensex support seen at 10,180-9,980 levels
  • Drop in interest rates not enough to up lending by banks
  • 2nd stimulus pkg does not address issue of demand
  • Don't see markets recovering till late 2009
  • Board meet on Jan 15 to consider stock split
  • DCB given time up to Mar'09 to cut promoter to 10%
  • Stake sale halted due to valuation concerns: Sources
  • Asks RBI to extend deadline to cut promoter stake: Srcs
  • Under RBI scanner; fails to cut promoter holding: Srcs
  • SMS your queries at 56388
  • Email your queries to buyorsell@ndtv.com
  • Call 011-26201171 for all your stock queries
  • Obama's stimulus plan a key trigger for global economy
  • Expect continued weakness in crude oil prices
  • China's oil demand fell by 500,000-600,000 bbl Oct-Nov
  • Global crude demand would continue downward trend
  • HOV Services to consider buyback on Jan 13
  • Fiscal stimulus to help with liquidity
  • Demand and customer sentiment down sharply
  • Move to encourage banks, MFs to lend more to NBFCs
  • Expect to borrow against rated CPs from RBI
  • Need a large fiscal stimulus for economic revival in 2009
  • More earnings downgrades, target cuts by analysts
  • Scope for more rate cuts as inflation trending lower
Updated: 09/08/2008 | 09:15 PM IST
Sony Ericsson to leverage on parent brand
Arijit Banerjee and Neha Jain
Saturday, August 09, 2008 (New Delhi)
Comments:
Read (0)

Facing tough competition in India, Sony Ericsson, the handset arm of Sony, is now dialing its parent company Sony to leverage the brand recall of its brands like Walkman, Cybershot and Bravia to take on its rivals.

With just about 13 per cent market share in mobile handsets in India the company is way below the 62.5 per cent market share enjoyed by Nokia, the market leader.

So Arun Sethi, President, Sony Ericsson India, is tapping the brands owned by its parent Sony to ring in better brand recall for its handsets.

It has already launched Walkman and Cybershot brands in the mobile segment and now it is the turn of Bravia Sony's popular TV brand.

"In Japan if you see we have already integrated the brand Bravia in the handset business and with the time we will do that in India too," said Sethi.

Sony Ericsson expects India to contribute almost 25 per cent of the global handset business over the next two years.

To do that Sony is ramping up its manufacturing facility in India to churn out almost 10 million handsets a year, most of which will be low cost, in line with the rural thrust of many mobile operators.

"We are aware of people's need to be connected. The people is rural India will be using our AM phones so we know that there are special needs there and we know how to fulfill," added Sethi.

Sony Ericsson is also getting ready to ride the 3G boom using its experience in Japan to pip Nokia to the top post in 3G handset business.

Comments:
Read (0)
Comments
 
Market Watch
Graphs
Stocks
Trading Calls
Hemen Kapadia
Hemen Kapadia
2.72% status
Current: Rs 90.55
Simi Bhaumik
Simi Bhaumik
-2.21% status
Current: Rs 500
Stock Recos
I suggest the investors to hold the stock with a stoploss of Rs 600
I advice the investors to buy the stock at these levels
Buy or Sell
Today's Analyst: Hemen Kapadia
Query : Can I buy HCC at the current price, asks HK Nawani from Guna (MP).