Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

July 30, 2011

5 Million Samsung Galaxy S II was Sold

Samsung Galaxy SII re-records the fantastic sales figures. 5 million units Samsung Galaxy S II was sold to the market. This phone is a new model that completes the previous model. This product currently becomes mainstay product for this smartphone company. With those achievements, Samsung is now reported to have maintained a 56% market share in South Korean mobile phone market.

Since launching the first time on 29 April in South Korea, Samsung S Galaxy II is quite successful in the global marketplace. Galaxy II just needs 85 days to reach the sales figures.

March 10, 2009

Shopping trend in Euro

Many people in all country move to online trade from previous traditional way. As more and more Euro citizen chose for online shopping, a decrease proportion of them purchase items or services from outside their own country, according European Commission report late last week.
More than half of Internet users in the U.K., France and Germany, made online purchases in 2008, the report said. In the Denmark, Sweden, Norway, Finland and Iceland the proportion of Internet users who bought products and services online was 91 % in 2008.

From 2006 to 2008, percentage of E.U consumers buying at least 1 item over the Internet increased from 27 % to 33%.

The proportion of consumers buying online across borders remained stable at around 7%. As well as the obvious barriers, including geography, language and some lingering regulatory differences, there are also basic issues of trust.

Lack of confidence became commonly cited reason for not shopping in another E.U. member state, prompted by doubts about, the payment mechanism, after-sales service, and delivery.

Consumer affairs commissioner Meglana Kuneva is looking for ways to overcome this lack of confidence. "Consumers have everything to gain from the Internet. It expands the size of the market they operate in and gives them access to more providers and more choice. It makes it possible to compare products, suppliers and prices on an unprecedented scale," she said.

February 25, 2009

Japan Exports Droped in January 2009

Imports exceeded exports for 952.6 bn yen ($ 9.9bn, £ 6.8bn). It's the biggest difference since records since 1980. The demand for Japanese cars, in particular, was reduced by 69%.

The trade of electronics and other goods has also slumped as the global economy and consumer spending contracts, pushing Japan into recession deeper.

"Japan is particularly vulnerable to this situation because trade is so central to the economy," World Trade Organization chief Pascal Lamy told reporters on a visit to Tokyo.

Japanese exports to America, where the global recession began, fell almost 53 percent in January, while shipments to the European Union fell by 47%, the Ministry of Finance of Japan said.

"Exports to Asia, particularly China, are falling at about the same pace as shipments to the United States, indicating that even China's economy can be reduced," said Takeshi Minami, chief economist at Norinchukin Research Institute. Exports to Asia fell by 47%, while China fell to 45%.

The government said last week that Japan's economy is in its worst crisis since World War II, having contracted at an annual rate of 12.7% in the last quarter of 2008. This was his worst performance in nearly 35 years, officials said. Among those hit hard by the global recession are export-oriented Japanese electronics makers. And manufacturers, who have had to cut production and eliminate jobs amid a sharp downturn in 8global demand. Pioneer has announced 10,000 layoffs and cut Sony is its global workforce of 8,000 positions.

Meanwhile, Barack Obama and Mr Aso agreed to work together to stimulate economic demand and the fight against protectionism. America and Japan are the largest economies in the world and the second largest.

February 07, 2009

Toyota revenue falls 28 % in 3rd quarter

Toyota announced on Friday that third-quarter earnings fall 28 % from last year, meaning that the car giant is facing an operating loss for the fiscal year.

That news came a day after the automaker, stopped all but one of its Japanese assembly lines, a move worth tens of thousands of workers throughout the country.

For the third quarter ended December 31 of the company mounted an operating loss of 164.7 billion yen ($ 1.8 billion).

"Both revenue and profits are greatly reduced during this period, said Mitsuo Kinoshita, Toyota Executive Vice President ." The negative results are largely due to lower sales volume of vehicles in difficult market conditions. "

Mazda also predicted Wednesday a net loss of 13 billion yen ($ 150 million). Its car sales fell by 9 percent.

Honda, Toyota main Japanese rival, also plans to weak financial results. In December 2009 Honda lowered earnings estimates and cut its forecast for 2008, saying there was "no prospect of recovery" such as car sales and the economy continues to deteriorate.

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