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The Chinese retail sales are expected to grow dramatically this year on the back of recovery from the economic slump and rising urbanization. E-commerce, automotive and luxury sales in China are poised to record dramatic improvement this year (2010). According to figures released by the Chinese Academy of Social Sciences, the total domestic retail sales is expected to reach US$ 2.1 Trillion in 2010 against US$ 1.8 trillion in 2009, as per the   ... Read more
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UK Government Signed Deal with Top Telcos
01 Feb, 2008
The UK Government signed a bulk-buying agreement with prominent telecoms and networking service providers to procure discount for local and central bodies. The new agreement is beneficial for both government and people. The UK government has initiated a bulk-buying framework contract with major ...Read more

US Consumer Electronic Sales to Go Up in 2008
01 Feb, 2008
The US, the biggest consumer of electronic goods worldwide, is expected to rise 6.1% and earn around $171 Billion this year, despite the fears of rising energy cost and economic slowdown. According to a RNCOS report, “ Consumer Electronics Market Worldwide (2007) ”, the US consumes ...Read more

Nokia Estimates 10% Growth in Global Mobile Market by 2008
21 Jan, 2008
There has been a phenomenal growth in the number of mobile users, especially in Asia-Pacific. Young generation is particularly driving the market as it tends to look for new features in handsets. On December 4, 2007, Nokia Corp. stated that it anticipates a 10% growth in 2008 for mobile devices in ...Read more

Electronic Gadgets - First Choice of the US Consumers
16 Jan, 2008
The US consumers are spending liberally on the electronics goods as a result of which, the electronic retail sales have grown significantly in the last year (2007). People in the US are increasingly buying consumer electronics in the holiday season despite retardation in the retail sales. The ...Read more

UK Telecom Players Cutting Prices on Bundled Services
15 Jan, 2008
Escalating competition in the UK telecom industry is leading to access of telecom services at lesser rates as compared to other prominent countries of the Europe. In a recent survey published by Ofcom, the Media and Telecom Regulator of the UK, it was found that UK families have access to ...Read more

10-12% Growth is Expected in Brazilian Telecom Industry this Year
07 Jan, 2008
Brazilian telecom industry is growing steadily and has the potential for further growth that would create a competitive environment, making the services cost effective. Agência Estado, a local news service in Brazil, reported that according to Ercio Zilli, President of Brazilian Mobile ...Read more

China Expected to Manufacture over 40% of World's Mobiles
05 Jan, 2008
China mobile market has achieved an excellent platform as the country is expected to have produced more than 40% of the world’s mobile handsets in 2007. China was expected to manufacture around 500 Million cell phones in 2007, over 40% of the world’s total, predicted the sources close ...Read more

EU Member States Consent to Encourage Mobile TV
03 Jan, 2008
Mobile TV would now be a reality in EU as the member states have agreed to standardize and promote this concept and facilitate operators to make it available to the public soon. As per the news published by Xinhua , European Union (EU) member states came to a consensus on November 29, 2007 to ...Read more

Laggard UK broadband Service Poised to Boom
03 Jan, 2008
The dawdling broadband service in the UK is set to take off at great speeds, with renewed zeal from the government following persistent complaints by telecom industry leaders. Telecommunications leaders in the UK demanded that Internet access requires a faster broadband network to match with the ...Read more

Global Semiconductor Sales Grew by 5% in October ‘07
02 Jan, 2008
The increase of usage of semiconductors in various electronic devices and the growing demand has been responsible for the increase in sales of semiconductors worldwide. A rise of $23.10 Billion was seen in the sales of global semiconductor market in October. This was 5% more than the $22 Billion ...Read more

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