LG ELECTRONICS EXPANDS
Urvashi Jha
Financial Chronicle
LG Electronics India on Thursday entered the information technology (IT) hardware segment by launching a slew of high technology products.
The Rs 10,730-crore company has launched network monitors offering multi-user computing solutions based on virtualisation, projectors, digital signage and network-attached storage (NAS) device.
Till date LG Electronics only offered PC monitors and optical drives in
“With the new products, the contribution to the pie will be well-balanced between B2B and B2C segments,” said R Manikandan, marketing head, business solutions, LG Electronics India. Until now, PC monitors accounted for 70 percent of the revenues of the business solutions division. LG Electronics has 20 percent market share in the estimated 5.5 million units PC monitor market.
LG Electronics will target education, government, business process outsourcing and the small and medium businesses segment with these new products. The company hopes to sell one million liquid crystal display (LCD) monitors, 40,000 network monitors, in addition to 16,000 commercial display digital signage and 5,000 projectors this year.
Moon B Shin, managing director of LG Electronics India, said, “Going forward, we will come up with integrated solutions offering besides new technology products to cater to the B2B market.” The digital signage, NAS and projectors would be imported from
Meanwhile, the company plans to set up a design centre in Noida besides expanding its research and development (R&D) base there. LG Electronics has earmarked an investment of Rs 400 crore for R&D. In the past five years, the company has invested Rs 200 crore every year on R&D and from this year onwards, the company aims to double this investment. LG Electronics India aims to achieve turnover of Rs 13,000 crore in 2009.
Further in the consumer electronics segment, LG Electronics plans to launch water purifiers and air cleaners in the near term.
INTEX EYES RS 70 CRORE REVENUES FROM ANDHRA
Chennai/Hyderabad
Business Standard
Intex Technologies (India) Limited, a New Delhi-headquartered IT hardware, mobile phones and electronics company, is targeting revenues of Rs 70 crore from Andhra Pradesh in the current financial year, an increase of 90 percent over FY09.
“More than 50 percent of the targeted turnover will be contributed by Intex Computer Peripherals – the biggest and oldest product vertical of the company – while the rest will come from our PC, consumer electronics and mobile phone business verticals. Nationally, the company expects a total turnover of Rs 800 crore this year, from Rs 464 last year,” Kaushik Chatterjee, zonal sales manager (computer peripherals-south), said here on Wednesday.
The sales growth in Intex’s computer peripherals vertical will be achieved by further penetration into Tier-II and Tier-III regions including
“Intex currently has 25 direct channel partners and 150 dealers, which will seen an uptick of about 40 percent this year,” Chatterjee said.
HP EXPANSION
Business Standard
Hewlett Packard (HP) plans to expand its presence in
LCD MONITOR PRICES SURGE 2-7 PERCENT ON SUPPLY GAP
Moumita Bakshi Chatterjee, Bindu D. Menon,
The Hindu Business Line
Consumers have to shell out more to buy LCD monitors, as vendors have raised the prices of these products anywhere between 2 percent and 7 percent, since March. Leading players, including LG, Samsung and Intex, attribute the price rise to the change in demand-supply situation, and global currency fluctuations.
“The panel prices have increased by nearly 10 percent, but the impact was offset to some extent by the stronger rupee, and so, in our case, the LCD monitor prices have gone up by four percent in the last three months,” said R. Manikandan, Business Group Head, Digital Display & Storage, LG Electronics India.
According to industry observers, there has been acute shortage of panels in the Indian market. Several global manufacturers had cut back on production following the economic slowdown.
As a result of the changed demand-supply equation, the panel prices shot up by about 10-15 percent.
A Samsung spokesperson when contacted said that it had effected a price rise of 2-3 percent, last month.
“We have absorbed most of the costs. But last month we did raise the prices by 2-3 percent as imports from
ACER LAUNCHES ASPIRE 5536 NOTEBOOK
The Times of
Acer has refreshed its notebook line-up with the launch of Aspire 5536 powered by AMD Athlon X2 Dual-Core processor.
The notebook also packs AMD’s latest M780G chipset with ATI Radeon HD 4570 graphics high quality visual experience.
The notebook has a 15.6-inch HD CineCrystal screen, 2GB DDR3 1067 MHz upgradeable to 4GB, 320GB HDD, 8X DVD-Super Multi double-layer drive, Dolby8-optimized surround sound system with two built-in stereo speakers and webcam.
In addition, the notebook is equipped with floating keyboards and controls, multi-gesture touchpad that comes with circular-motion scrolling for navigation, pinch-action for zoom-in and zoom-out and page flip for browsing and flipping through web pages and photos.
Announcing the launch,
Tomonobu Kamiya, Sales Development Director, Asia-Pacific and
The notebook will be available for Rs 28,499 for Linux OS and Rs 30,499 featuring Windows Vista Home Basic OS.
THE IT LIST
The Times Of
When it came to products, incremental achievements were the name of the game this year. Products like silicon chips which one can swallow for personalised medicine, space-age swimsuits from Speedo to help swimmers slice through the water faster, flexible displays and SLR camera with video recording capability found a place in the list. Here's a look into the top ten technology breakthroughs over the last year...
Apple's App Store
Apple's App Store has made creating and distributing mobile applications for cell phone users easy - jumpstarting the mobile-app development market. For thousands of programmers, the cell phone is the new PC. App Stores have changed forever, the way we use phones, turning them into personalised devices filled with utilities and handy tools.
Android
The HTC T-Mobile G1 phone scores with its operating system, Android; the free mobile operating system from Google. It's the first mobile OS to make its debut in years and the G1 is just the first of what will be many phones that use it. At least half a dozen manufacturers are likely to release Android phones in 2009, increasing the pressure on other smartphone operating systems.
USB 3.0
The Universal Serial Bus, or USB, a popular standard for transferring files to your PC or charging your iPhone, got its first major update in eight years. USB 3.0 will be 10 times faster than the current USB 2.0 standard, and will increase the amount of electrical current that can be delivered through a USB cable.
Video-capable
SLRs This year, two new cameras, the Nikon D90 and the Canon 5D Mark II not only capture top-notch still images, but also let the photographer shoot high-definition videos as well. For years, high-end, single-lens reflex cameras have been unable to do what even $100 pocket cams can do: Shoot video. That's because of the type of imaging chip used by SLRs. Shooting high-definition videos with an SLR is cheap compared to using professional video equipment - and it gives photographers access to a wide range of lenses.
The memristor
The discovery of the "memristor" or memory transistor will make it possible to develop computer systems that remember what's stored in memory when they are turned off. That means computers that don't need to be booted up and systems that are far more energy efficient than the current crop. Memristors are still primarily confined to the lab, so commercial products based on this kind of circuitry will not be available for at least five years.
GPS in phones and laptops
This year, the Global Positioning System (GPS) has been used in many new technologies. The GPS system has been operational since 1978 and available for commercial use since 1993, but for years its use was relegated to expensive personal navigation devices and the dashboards of high-end cars.
Flash memory
When Apple blessed the iPod with flash memory, it gave new life to a technology that had long played second fiddle to hard disk drives. The who's who of the tech industry - EMC, Sun Microsystems, Intel and
Want a trendy laptop? Sony’s NW notebooks are quite classy in two-toned casings with 15.5” screens. The reverse hinge minimises storage space quite a bit. Made of a single metal sheet with ample space between keys, they feature enhanced usability and ensure fatigue-free and error-free typing. Price: Rs 37,900
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