Business News Holding

Tag: growth

  • China VoIP & Digital Telecom Virtualization Project Receives Governmental Funds


    Jinan Yinquan Technology has announced that its data center virtualization technology project has received 500,000 yuan from Shandong Economic and Information Technology Committee.

    Following the award, the wholly owned subsidiary of China VoIP & Digital Telecom said it is well positioned to take full advantage of the tremendous economic growth currently being experienced in China.

    The company is currently marketing its NP Soft Switch system in China and is testing stages of other IT products.

    Li Kunwu, chairman and CEO of CVDT

    The Chinese government established the fund to award outstanding energy-saving industrial technology projects in Shandong Province in 2009.

    Li Kunwu, chairman and CEO of CVDT, said the virtualization technology solution provided by Yinquan is in full compliance with the conservation-oriented society and Green IT concepts advocated by the country.

    "Yinquan maintains a leading position in virtualization technology, and the government’s endorsement will accelerate our expansion in the virtualization market in 2009," he said.

    "Also, with the government’s support, industrializing virtualization in China will be expedited. I believe Yinquan should have bright growth prospects in virtualization."

  • Smartphone Market Will Remain Buoyant in 2009


    Lee Williams, chief of the Symbian Foundation, is confident that sales of smartphones will remain buoyant with growth of 12-15 per cent in 2009.

    While his forecast falls short of some estimates which predict 30 per cent increases, it underlines the growing confidence felt in the smartphone sector of the mobile market.

    This is expected to be boosted with the launch of the Palm Pre on June 6th – and the scene is all set for what is likely to be an exciting summer for the smartphone industry.

    Speaking at the Reuters Global Technology summit in Paris earlier this week, Williams said larger display sizes and more memory for media such as music were also encouraging consumers to buy smartphones.

    "For the first time people are realizing you don’t have to carry your digital camera with you and your phone, for the first time people are realizing that you can do your email and access Internet services on your mobile phone," he said.

    Williams’ comments were echoed by Frank Esser chief executive of France’s second-largest mobile operator SFR.

    He said the company was seeing strong demand for smartphones.

    This growth, couple with the contractions taking place in the wider mobile market, will see smartphones becoming increasingly widespread as mass market devices.

    A report just published shows that smartphone sales grew 12.7 per cent in the first quarter of 2009 despite sharply fallings sales of mobile phones generally – down 9.4 per cent year-on-year.

    Sehat Sutardja, chief executive of Marvell Technology, said smartphones will make up half of the mobile phone market in the next few years.

    He predicted multimedia-enabled smartphones will account for at least 50 per cent of all mobile phones in the next three to four years, and grow even more popular in the following years.

    "Smartphones today are only addressing the tip of the pyramid," he told the Reuters Global Technology Summit in New York.

    "I would say in the next three to four years, at least 50 per cent of the market will move to smartphones."

    Sutardja said this could grow to 90 per cent in six to seven years.

  • Wireless Makes ZTE Fastest Growing Telecom Maker


    ZTE was the fastest growing telecom equipment maker and solutions provider in 2008, according to a report by research firm IDC. The report was based on 2008 earnings.

    Driving the growth is the company’s wireless business, which grew 20 per cent year-over-year.

    This part of ZTE’s operations, which includes sales of infrastructure, handsets, software and services and other wireless-related items, amounted to 38.5 per cent of the company’s total revenues.

    ZTE’s full year net profit jumped by 32.5 per cent to USD $239 million and revenue rose 27.4 per cent to USD $6.4 billion.

    The company has made it clear it intends to push deeper into the US handset market – currently the company currently sells phones mainly through MetroPCS – but it has still to sign many infrastructure deals.

    Its Chinese counterpart, however, the privately held Huawei, has made progress in that area.

    Huawei won a contract to provide the infrastructure for Cox Communications’ 3G CDMA network and is reportedly one of the three infrastructure companies AT&T has short-listed for its trial of LTE technology.

    Yin Yimin, president of ZTE Corporation, said the IDC result showed ZTE’s commitment to spearheading R&D initiatives, coupled with its determination to innovate and introduce high quality telecom equipment solutions, is paying off.

    "With a strong global workforce ready to provide the best technical support to our customers, we believe ZTE will remain a key player in the highly competitive telecom market in the years ahead," he said.

  • Mobile Operators Must Cut Data Fees and Offer Smartphone Subsidies







    While prospects for the overall mobile handset market remain gloomy, smartphones remain a bright spot with global unit growth as high as 11.1 per cent in 2009, according to iSuppli.

    The analysts’ optimistic forecast for global smartphone unit shipments translates into 192.3 million units in 2009, up from 173.6 million in 2008.

    A more pessimistic outlook calls for growth of only 6 per cent this year, reaching 183.9 million units.

    Tina Teng, senior analyst for wireless communications for iSuppli, stressed that for the optimistic scenario to come to fruition, wireless network operators had to cut fees for data services and offer aggressive subsidies to reduce consumer smart phone prices.

    "Furthermore, wireless operators and handset brands have to sell consumers on the value of smartphones to encourage customers to upgrade," she said.

    However, if consumer confidence continues to erode, iSuppli’s pessimistic forecast is likely to prevail, Teng warned.

    According to the optimistic scenario, smartphones will represent 17.4 per cent of total mobile handset unit shipments in 2009.

    If the pessimistic scenario holds sway, smartphones will account for only 16.6 per cent of total mobile handset shipments this year.

    The optimistic scenario also foresees a unit shipment Compound Annual Growth Rate (CAGR) of 21 percent from 2008 to 2013, while the pessimistic view predicts an 18.3 percent growth rate.

    Teng said that with 3G networks becoming prevalent around the world, smartphones are now for consumer as well as corporate users.

    "Consumers increasingly are demanding data-intensive applications that require the kinds of high data speeds supported by 3G networks," she said.

  • Economy To Slow VoIP Growth in US Business Markets


    The struggling economy will slow the growth of VoIP, but deployments remain wide-ranging at mitigated levels.

    So says In-Stat in a report that also found just over a third of US businesses that have deployed VoIP use it exclusively.

    Many more businesses use VoIP as a partial voice solution – and they are also beginning to embrace voice-enabled IM capabilities, particularly among younger workers.

    David Lemelin, In-Stat analyst, said IP continues to be a partial voice solution for most businesses with VoIP, particularly among larger businesses.

    "Therefore, there is significant room for growth even among businesses that have already adopted it," he said.

    Recent research by In-Stat found the following:

    • 32 per cent of Enterprise size businesses say the economic situation has slowed their VoIP deployment plans.
    • Broadband IP Telephony remains the most common carrier-based business VoIP solution with revenues exceeding USD $1.1 billion in 2008, compared to USD $857 million for hosted IP Centrex service within the US.
    • Adoption varies significantly by size of business, with Enterprise businesses preferring a partial deployment, while SOHO businesses are more likely to go IP-only.
    • 13 per cent of US businesses use both carrier-based and premises-based IP solutions.
    • Digital visual interface (DVI) and high-definition multimedia interface (HDMI), are related, high-bandwidth, unidirectional, uncompressed digital interface standards.