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That kind of presence in emerging markets helps explain why Nokia is blurring the boundary between smart phones and cheaper handsets, and trying to entice customers to trade up. In recent months, the firm has unveiled a slew of devices aimed at developing markets, some costing as little as $60. That might seem a lot to pay for someone earning a few hundred dollars a month, but for many people in places where access to electricity is hit-and-miss at best, a good phone can double as a computer, an MP3 device or even a video player...

Author: /time Magazine | Title: Nokia Calling | 8/3/2009 | See Source »

Although the nonalcoholic sector has made merry for the past five years, future growth is far from guaranteed. The recession could force cash-strapped sippers to turn to cheaper soft drinks. (A can of Coke costs about two-thirds of a bottle of alcohol-free beer.) And despite the improvements in taste, it's unlikely that beer connoisseurs like Evans will ever become fans. "You need the roundness and fullness that alcohol brings to a beer to hold [all the flavors] together," he says...

Author: /time Magazine | Title: A Lighter Brew: Nonalcoholic Beer | 8/3/2009 | See Source »

...large basket from the ceiling. She proceeds to reveal two Chanel clutches and a Hermes bag. San Remo buildings are simple in style, but something suggests that this shop is more than just an unpretentious guise. The owner pulls more and more high-end designer bags out of the cheaper merchandise, each item indistinguishable from genuine upmarket products. She claims that most of the bags are simply very good quality fakes, but admits that a couple may have “fallen off a truck?...

Author: By Olivia M. Goldhill | Title: Bargain Hunting | 7/31/2009 | See Source »

...phones. The company has years of experience developing cell phones and handheld PDAs for Hewlett-Packard and other companies. In mid-2007, about the same time that Apple launched the iPhone, HTC started selling its own touchscreen phone. The HTC Touch became popular in Asia, partly because it was cheaper than the iPhone and could be used on a variety of cellular networks. Based on that success, HTC now ranks fourth in market share for smart phones globally, according to research firm IDC. The company, which is about to release a new smart phone, the Hero, hopes to ultimately become...

Author: /time Magazine | Title: The Name Game | 7/27/2009 | See Source »

...guarantee] there will be a 90% drop next year, but hopefully there will be," says Christopher Stork, senior researcher at Research ICT Africa, a technology analysis firm based in South Africa. "That's the minimum we would expect, but in the long term, it would be much, much cheaper...

Author: /time Magazine | Title: Broadband Finally Comes to East Africa | 7/24/2009 | See Source »

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