Brazilian consumer electronics maker IGB Eletronica has launched a new series of devices branded “IPHONE.” The company allegedly registered the name for ten years back in 2008, meaning it has the right on the moniker for the next six years. In a press release discovered by Reuters, IGB Eletronica refers to the first of those products to hit the market as “Neo One.” Judging from product pages that surfaced later in the day, the quad-band device will feature a 320×480 screen and run Android 2.3.4. The company is allegedly planning to price the Neo One at 599 Brazilian real, which translates into approximately $287.
New York officials and economic development agency Business Oregon are reportedly trying to attract a major chip manufacturer referred to as “Azalea.” While confirming the rumor, the latter refused to elaborate, citing a nondisclosure agreement with the anonymous company. However, the leaked documents obtained by The Business Review suggest the project is a massive 3.2-million-square-foot semiconductor plant housing at least 1,000 assembly line workers.
The low-end smartphone segment is gaining more and more weight, especially in growing markets, leading industry watchers to believe Apple may be on the verge of launching a new entry-level iPhone model. At the moment, there are a number of minor manufacturers, largely from China, making inexpensive handsets which already represent 28% of the overall market. According to Ben Reitzes with Barclays, that share is bound to increase by 70% in 2013 and another 27% in 2014, driven by low-end smartphone sales in Asia.
Apple is well known for its talented employees. Many current popular web-projects and devices were developed by the former Apple’s staff. Thus, Android, Mozilla, and LinkedIn were created by Apple veterans. How does Apple manage to concentrate such a brainpower?
Many Apple’s specialists are now wholly or partially heading the most successful companies in the Silicon Valley. For instance, Andy Rubin used to be an Apple engineer, then he founded an Android project, which belongs to Google now.
Apple rolls out its new contract-free iPhone 5 that can significantly change the US mobile market.
Many American consumers have got used to buying subsidized phones on a two-year contract. This policy has evident advantages. How else could you buy a new smartphone for only $50? On the other hand, if a customer decides to end the contract anticipatorily or simply switch it out, he will pay a huge redemption cost to the carrier.