Smartphone maker Alcatel India will expand its retail network to 5,000 stores in five states by March next year as it looks to increase its market share in the country.
“We are going to expand our retail presence to increase our market share. At present we sell through around 700 stores in select states. By March we plan to sell across 1000 stores each in five states — Delhi, Karnataka, Tamil Nadu, Uttar Pradesh and Maharashtra,” Alcatel India, Regional Director, Praveen Valecha said on sidelines of launch of a new smartphone.
The company launched 4G smartphone Idol 4 for Rs. 16,999 which will be sold along with JBL headphone and a pair of Virtual Reality goggles.
“This is the sixth smartphone from Alcatel launched in India. Now we will bring more models next year to expedite our strategy to capture 10 percent market share in India by 2018. We have around 2-3 percent share in online space. The offline presence will further help us achieving 3-4 percent additional share,” Valecha said. He said that the Idol 4 will help company gain traction between among youth in age bracket of 15-34.
The phone has 5.2-inch display, dual 4G SIM slot, 3GB RAM, 16GB internal memory and expandable storage support of up to 512 GB. The company is exclusively selling it on Flipkart from today.
Valecha said that the company has 400 service centres across country and it is planning to open 100 exclusive service centres in 2017-18.
Apple recently introduced complete support for Unicode 9.0 in the developer beta of iOS 10.2. The new additions to the platform included emojis for facepalm, drooling face, shrug, among others. Now, we have got the glimpse of some emojis that might make their way to the mobile platforms by both Apple and Google next year as Unicode has just released the 51 emojis that have been proposed for inclusion in the Unicode 10 standard.
The new emoticons include some interesting additions such as dinosaurs, zebra, and a giraffe among other animals. However, the most noticeable part about the new emoticons is the acknowledgement of the diverse user base. In the past, emojis for different face-colour variants have been released but the new emojis go a step further in this direction.
In the list released by Unicode, there is an emoji of a woman wearing hijab, a woman breast-feeding, and a man with a long beard. Given that the applications that use these emojis have a user base worldwide, it does make sense that emojis represent all cultures in some form or the other.
Fictional creatures have also found their way to the list as now there is an emoji for a vampire, an elf, a genie, and a zombieThe list of the finalised emojis will be made available for the public with the release of Unicode 10.0 in mid-2017 as per Emojipedia. It should be noted that the emojis might eventually look different from the proposed images once they are released.
Sydney: The U.S. dollar gained on the yen in Asia on Monday as investors unwound safe-haven trades in the wake of the failed coup in Turkey, while a giant takeover bid in the tech sector and the promise of central bank stimulus lent support to equities.
The Turkish lira was quoted around 2.9675 after the dollar climbed almost 5 percent late Friday to a six-month peak around 3.0476. Dealers noted liquidity was sparse and a true price would only be found once Turkish markets opened.
Ankara said it was in control of the country and economy and widened a crackdown on suspected supporters of the failed military coup, taking the number of people rounded up from the armed forces and judiciary to 6,000.
The initial reaction of investors to the coup had been to bid up safe havens such as the Japanese yen, but that was quickly unwinding. The dollar was at 105.60 yen having briefly been as low as 104.63 late Friday, with trade further thinned by a holiday in Japan.
Likewise, the euro had steadied at $1.1067 after gapping as low as $1.1021 on Friday.
MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.1 percent having reached its highest in almost nine months last week. Australia rose 0.4 percent while Shanghai was a fraction lower.
Helping sentiment was a Financial Times report that Japan’s SoftBank Group Corp had agreed to buy ARM Holdings PLC for 23.4 billion pounds ($31.04 billion).
The deal, one of the largest in European technology to date, is expected to be announced later on Monday, the newspaper said.
The E-mini futures contract for the S&P 500 was up 0.2 percent, following on from Friday’s upbeat U.S. economic data. The Dow had ended 0.05 percent firmer, while the S&P 500 and the Nasdaq both lost 0.09 percent.
MORE RATE CUTS TO COME
Prices for U.S. Treasuries were a shade lower with yields on the 10-year note edging up to 1.56 percent.
In commodity markets, spot gold eased to $1,328.16 per ounce.
Oil prices were little changed with Brent crude up 6 cents at $47.68 a barrel, while NYMEX crude fell 6 cents to $45.89.
One mover was the New Zealand dollar which slipped when domestic inflation data showed a surprisingly soft rise of 0.4 percent in the year to June.
The kiwi slid half a U.S. cent to $0.7086 as the market narrowed the odds on a cut in rates from the Reserve Bank of New Zealand next month.
Investors are also wagering on policy easings from the Bank of England and Bank of Japan in coming weeks, while few see much chance of the Federal Reserve hiking U.S. rates anytime soon.
“We’ve pencilled in rate cuts over the coming months in Korea, Taiwan, China, Australia, New Zealand, Japan, Indonesia, Malaysia, Thailand, and India,” said Frederic Neumann, co-head of Asian economic research at HSBC.
“The global yield compression and the decline in FX volatility thanks to a plateauing U.S. dollar is making it easier for monetary officials across the region to deliver more easing.”
London: Reassuring Chinese data lifted world stocks to an eight-month high on Friday though Europe ended an otherwise strong week subdued after an attack by a gunman at the wheel of a truck in the south of France killed at least 84 people.
Britain’s FTSE 100 and Germany’s DAX managed to shake off an early dip to be back level but France’s CAC40 remained 0.4 percent lower after a gunman on Thursday evening ploughed into a crowd celebrating Bastille Day in the Riviera resort of Nice.
News, though, that China’s economy grew a slightly better-than-expected 6.7 percent in the second quarter as the government stepped up spending helped extend the week’s global rally in risk assets.
MSCI’s 46-country All World stocks index was at its highest since early November after a 2.7 percent jump on the week.
The pound, which took a battering after the UK voted last month to leave the European Union, was set for its best week ever against the safe-haven Japanese yen, up roughly 9 percent. It was also up 3.7 percent on the dollar and over 3 percent against the euro.
For the risk adverse holders of the yen it has been a brutal week all round amid talk authorities there are readying another super-sized slug of stimulus.
It was trading down almost 0.5 percent at 105.81 yen per dollar in early Europe trading having dropped as low as 106.27 overnight and was heading for a weekly fall of 5 percent, its biggest since February 1999.
“The Chinese data is helping risk sentiment,” said Yujiro Goto, currency strategist at Normura. “Overall, we have had some good headlines this week, like more political stability in the UK, expectations of more Japanese stimulus and all these are contributing to investors selling the yen.”
There has been a big shift in direction in bond markets too after a searing, month-long rally.
Benchmark 10-year German bond yields, which move inverse to price, were set for their biggest weekly rise in almost three months, and for U.S. Treasuries it was set to be the largest in exactly a year.
Investors sense the global focus may be shifting towards fiscal rather than the central bank stimulus that has been pushing global borrowing costs to record lows for years.
In commodity markets, oil prices trickled back to below $47 a barrel after data showing weak U.S. fuel demand.
However, the solid China data pushed industrial bellwether metal copper towards its best week in four months as safe-haven gold faced its first weekly fall since May.
“We’ve had a big sell-off across safe-haven fixed income markets and that’s partly because we’ve had such a strong rally, but also because there’s been some genuinely positive news from other parts of the world this week,” said Owen Callan, an analyst at Cantor Fitzgerald.
LG has unveiled two new X-collection smartphones, the X5 and X Skin, in South Korea. The employer has also unveiled the X Energy smartphone in its domestic turf which became final month introduced globally.
The LG X5 has been priced at SKW 2 hundred,000 (about Rs. eleven,seven-hundred) and can be to be had in White and Black hues. The LG X Pores and skin has been priced at SKW 231,000 (about Rs. thirteen,500) and may be to be had in Gold and Titanium colours. Sadly, the organisation has no longer found out availability plans for the LG X5 and X Pores and skin smartphones outside Korea as of now.
Both the X5 and X Skin smartphones include comparable innards: they’re powered by way of 1.3GHz quad-core processors, bear 16GB inbuilt storage, and may be improved thru microSD card (up to 32GB). The handsets run Android 6.zero Marshmallow out-of-the-field and Help twin-SIM. Both the smartphones game 5-megapixel front-dealing with camera and include connectivity options which includes 4G LTE, GPRS/ Part, 3G, c084d04ddacadd4b971ae3d98fecfb2a 802.eleven b/g/n, Bluetooth, GPS/ A-GPS, NFC, and Micro-USB.
There are few differences as well. The LG X5 features a five.five-inch (720×1280 pixels) HD IPS display and is derived with 2GB of RAM. It sports a thirteen-megapixel rear camera with LED flash and is backed with the aid of a 2800mAh battery. It measures 151.6×76.9×7.2mm and weighs 133 grams.
The LG X Skin, alternatively, functions a five-inch (720×1280 pixels) HD IPS show and packs 1.5GB of RAM. It sports activities an eight-megapixel rear digicam with LED flash and is sponsored with the aid of a 2100mAh battery. It measures a hundred and forty four.8×71.4×6.9mm and weighs 122 grams.
To take into account, LG ultimate month unveiled the LG X Max, LG X Mach, LG X Power, and LG X Style smartphones globally, expanding its X collection.
Chinese technology conglomerate Xiaomi, which debuted in the Indian market two years ago selling smartphones and tablets, is now exploring other options in the country. The company has led a $25 million investment into India’s Hungama Digital Media Entertainment, its first investment in an Indian company.
The investment, which underscores Xiaomi’s commitment to India, could help the company bolster its localised Internet services efforts in the country, and in finding additional revenue sources and add-on features for its smartphones and other products.
In a press statement, the company does note that it will begin “integrating” Hungama’s content services — including themes and ringtones — into its platforms in the “near feature”. The company hasn’t talked about video content including movies. Hungama also sports a large collection of both such categories. Company’s executive notes that in addition to the integration, they are also looking forward to understanding the content sector.
“Xiaomi has been an Internet company from the very start. We think of smartphones as a platform for us to deliver Internet services, and this includes content. As our user base in India grows and as 4G penetration in India continues picking up, we will start to see more and more consumption of digital media through Xiaomi devices.” said Hugo Barra, Vice President, Xiaomi. “We are investing in Hungama not only to start integrating content into our smartphones, but also to grow together with them and deepen our understanding of the content sector in India. We have carefully selected Hungama because of what they are doing in terms of aggregating large amounts of content and delivering an amazing user experience,” he added.
Neeraj Roy, Founder and CEO, Hungama said: “We are very excited to be partnering with Xiaomi, as we are extremely aligned in the way we see digital media becoming mainstream on mobile devices. Xiaomi has a very engaged community of fans, which we believe will benefit from the fabulous and immense repertoire from Hungama’s content services. With this investment, we intend to further strengthen our movie and TV services and in fact, Hungama Play will shortly add 1500 hours of TV content in Indian languages and English.”
In an emailed statement, Xiaomi added, “This is the first ever investment that Xiaomi has made in an Indian company. It marks the deepening of Xiaomi’s strategy to introduce localised Internet services, in particular content, on its smartphones in India. The move also further solidifies Xiaomi’s commitment in India. Xiaomi entered India in July 2014 and started local manufacturing a year later as a demonstration of its long-term commitment to the Indian market. Currently, over 75 percent of its smartphones sold in India are made in India.”
Hungama, which has a partnership with over 700 content creators, caters to more than 65 million monthly active consumers. Other participants in the round of funding include Intel Capital, Bessemer Venture Partners, and Indian billionaire Rakesh Jhunjhunwala.
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