Tag Archives: quit

More Entry-Level Smartphone Players Will Quit Indian Market in 2017: Counterpoint

With mounting revenue losses amid too many players fighting to grab a pie, exits will surpass entrants in the Indian smartphone market in 2017, analysts said on Thursday. There are nearly 250 million unique smartphone users in the country and by the end of 2016, there will be 280 million Indians with these devices. “With declining margins amid cut-throat competition, ... Read More »

Microsoft to quit telephone manufacturing, Says Union representative

Microsoft introduced Wednesday it’d allow cross up to 1,850 personnel and a Finnish union known as it the give up of the company’s smartphone manufacturing business, bought from Finnish telecom device maker Nokia. “Microsoft Corp. on Wednesday introduced plans to streamline the business enterprise’s cellphone hardware business, in order to effect up to one,850 jobs,” it said in a declaration, ... Read More »