The high growth in this industry coupled with high profits prompted several players to enter into the market. Micromax was one such Indian player which entered into handset business in 2008. Micromax which entered into Handset business has grown rapidly and now controls 13% of overall handset market and 19% of overall Smartphone market in India and is now the second largest player after Samsung. The report analyses various internal and external factors which has helped in the success of Micromax. Some of the major factors indentified in this report for this success are: Rise of Android Innovation by Micromax Asset light business model.
Africa’s high population growth rates definitely helped spur economic growth rates but so did increasing commodity ... ... middle of paper ... ...ls, and minerals; however, natural resources account for a massive 32% of GDP from 2000 through 2008. The modern African economy is a large supplier of raw material to developed countries; however, Africa’s economy can be very sensitive to demand shocks that they cannot control. In recent years, Africa’s place in the global economy has been shaky, despite high growth. There is little diversification of industries, massive capital and intellectual flight, and declining exports. Some African countries have tried to offset the decline in the economy by liberalizing trade and markets and by improving management of the macro economy, but there are deeper problems that need to be solved first.
Uganda has a population of around 36.35 million (2012 estimate) of which 16.35 (2012 estimate) are mobile phone subscribers as per World Bank’s data. Uganda Telecom and MTN Uganda are the leaders in terms of mobile phone subscribers. With MTN Uganda commanding a subscriber base of 9.5 million (as of 2014) in mobile phone users the Telco is rolling out more attractive and lucrative bundle offers in order to retain or sustain its subscriber base. Even though the penetration rate of Uganda is 1.7% which is not as high as compared to other countries but with the prospect of 4G LTE network looming, the future holds good for the Telecom sector in general. 2.0 C... ... middle of paper ... ... Orange Uganda Limited also entering the 4G LTE domain, the Telecom sector of Uganda is surely going to peak new heights in terms of revenue and customer satisfaction.
Strategic Analysis Of Micromax - A Case Of Micro thinking and Maximum Gain Micromax (Micromax Informatics Limited) is one of the leading Consumer Electromics company in India with 23 domestic offices across the country and international offices in Hong Kong, USA, Dubai, Philippines, Denmark, Bangladesh, Sri Lanka, UAE, Nepal and Brazil and has 20% revenues pouring in from International markets. Micromax, which is the second largest smartphone player in India, held about 16% market share in Q4 2013. It is the 10th largest mobile phone player in the world. With a futuristic vision and an exhaustive R&D at its helm, Micromax has achieved a substantial growth of 80% in the rural market segment. Micromax has successfully generated innovative technologies that have revolutionized the telecom consumer space.
Governments – These include local, regional, national and international. They help with funding for R and D projects which encourages entrepreneurship. They also provide the legal framework in which entrepreneurs have to operate. ii. Businesses – These include fellow Entrepreneurs, SMEs, High Growth companies and large companies.
Foreign aid, while helpful, should be limited to a yearly amount because it allows the government to brush of responsibility and gives room for corruption; it creates a media bias, and doesn’t solve the foundational issues. A majority of Africa is either ran by a democratic type of government or by dictatorship. The issue this presents is corruption and irresponsibility by the governments. “Africa's economic troubles are also, in large measure, self- inflicted. Since independence, politics has helped to stunt productivity.
That is not a real fact, because Africans are very innovative and nowadays they are using a lot cell phones for example, and they have a highly effective mobile baking system. . In a rapidly research of new technologies in Africa, it is possible to see some interesting start-ups in this year, for example: BRCK, “the internet’s backup generator”, a professor using Facebook to reach her students and catch even more their attention, SnapScan, a smart way to pay your bills online, Free Wi-Fi for Africa, is an idea of a great CEO, Alan Knott-Craig, that aims to facility the access of people to the internet and the online life. The only issue is that there is a lack of access to these technologies in some countries. These issues could be repaired by the government and a lot of money should be invested in technologies and universities to create new specialists that can deal with these new
In 2005, Lenovo acquired IBM’s “ThinkPad” business (Martin, 2014). This acquisition was a major strategic move for the company as it allowed the company to gain access to the foreign markets and consumers. It also allowed the company to signficantly increase its product offering in terms of volume. By acquiring IBM’s personal computer business, the company became the third largest PC manufacturer in the world (Martin, 2014). In 2010, because of its innovation strategy and acquisitions, Lenovo became one of the world’s largest PC producers by having achieved a considerable market share (Lenovo 2013b).
Their interests are better served by the incessant wars and conflicts than the peaceful conditions. When the African Governments tries to borrow loans and financial aids from the Financial Organisations such as World Bank and International Monetary Fund (IMF) they are forced to open up their economies, devalue their currencies, remove subsidies and liberalise their trade policies, all these steps are generally aimed at favouring these Western MNCs. These measures of Liberalisation have resulted into destruction of the Domestic Industries and large scale Unemployment in the African Society. To fulfil their economic greed MNCs have used exploitative Measures which resulted into the destruction of Tribal areas, pollution of water sources such as rivers, large scale deforestation and destruction of the ecosystem. Globalisation has made the economic
The expansion in Uganda’s mobile market is an outcome of the continuous positive growth of the country’s Gross Domestic Product and a clear strategy of liberalization and competition. MTN first launched its commercial services in Uganda on 21st of October 1998, just six months after signing the license, and since then it has grown to become the leading telecom in Uganda growing its customer base at an impressive rate of 8.4 percent during a minor period of January-March 2014. It currently has a ... ... middle of paper ... ...Smile Telecom and Orange Uganda Limited recently entering the 4G race, the growth in the Telecommunications market is quite evident. Despite the high competition in the Ugandan market, MTN Uganda continues to show good growth and increased market share.