Overcoming The Gloom
Road building revival offers rare hope for India infrastructure overhaul
K. Ramchand, managing director at one of India's biggest road builders, is doing something unusual to help dispel the gloom pervading much of the country's infrastructure sector today: bidding for new projects. Full Article
REUTERS SHOWCASE
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
Sony aims to triple India mobile phone sales
Bollywood actress Katrina Kaif displays the Sony Xperia Z high-end smartphone during its launch in New Delhi March 6, 2013.
Credit: Reuters/Mansi Thapliyal
NEW DELHI |
NEW DELHI (Reuters) - Sony Corp (6758.T) aims to triple sales of its mobile phones in India to 35 billion rupees in the year to March 2014, Kenichiro Hibi, managing director of its India unit, said, at the launch of the company's Xperia Z high-end smartphone.
The smartphone, which is priced at 38,990 rupees in India, went on sale in Japan last month and is now available in 60 countries. It is part of the Japanese electronics group's push for a greater market presence in mobile devices.
In India, Sony had a 9 percent share of the smartphone market last quarter making it a distant No.2 behind market leader Samsung's 40 percent share, according to research firm Canalys.
(Reporting By Devidutta Tripathy; Editing by Matt Driskill)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters