NEW DELHI: Aggressive marketing push by recent Chinese entrants Vivo, Oppo, LeEco and Gionee has increased the cost of business sharply for Indian handset makers who are forced to try and match, thus squeezing their already wafer-thin margins. The relatively new entrants from China that are focusing on the offline market more aggressively than online are paying higher channel commissions for pushing their products, at times even doubling to as much as 10%, industry insiders said. "Indian players, which usually operate on 2-3% margins, are facing tough competition from Chinese players.
Research In Motion Limited (BBRY) Annual and Special Meeting of Shareholders Conference Transcript July 9, 2013 10:00 AM ET
Barbara Stymiest - Independent Chairman Thorsten Heins - Chief Executive Officer Brian Bidulka - Chief Financial Officer Phil Kurtz - Assistant General Counsel and Assistant Corporate Secretary Frank Boulben - Chief Marketing Officer Kristian Tear - Chief Operating Officer
Research In Motion BlackBerry may have to rename itself again. Or Thorstein Heins will have to do a Vogue cover spread. Or the company will have to take a page from the Amazon playbook and revel in its losses (with the help of a few DE Shaw algos of course). Or, worst case, Carl iCahn will have to tweet that his breakfast plans include checking his email on a BlackBerry.
(Reuters) - Research In Motion Ltd said it named a new chief operating officer and a chief marketing officer. Kristian Tear will take over as chief operating officer. Tear was executive vice president of Sony Mobile Communications. Frank Boulben, who was executive vice president of strategy, marketing and sales for LightSquared, will be the new chief marketing officer. The Canadian company last week said it was close to hiring a marketing boss to fashion a unified message for the next-generation BlackBerry that will likely determine its future. ...