Word: nokia
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Dates: during 2000-2009
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...Much of Nokia's emerging market dominance boils down to cost management - a crucial advantage when it comes to selling smart phones to price-sensitive consumers in India and elsewhere. Nokia will likely ship more devices worldwide this year than the next three biggest cell-phone makers - Korean rivals Samsung and LG, and London-based Sony Ericsson - combined. Manufacturing on that scale brings enormous purchasing power, making it possible to squeeze the cost of everything from memory chips to plastic casings...
...first quarterly loss in the last three months of 2008 after misjudging demand during the recession. "That was a lesson learned," says Asus chairman Jonney Shih, who is adjusting by shrinking the company's product line. Says HTC's Chou: "You're competing with giants like Apple and Nokia. You must really have something special...
...specifically fingers four main European and Asian companies as open buyers in this trade: Thailand Smelting and Refining Corp. (owned by British Amalgamated Metal Corp.), British Afrimex, Belgian Trademet and Traxys. And it questions the role of others further down the manufacturing chain, including prominent electronics companies Hewlett-Packard, Nokia, Dell and Motorola. Even though the companies may be acting legally, Global Witness criticizes their lack of due diligence and transparency standards at every level of their supply chain...
...obey the law. Mousavi advisers have talked about starting a new political party, but that would require government permission. Rank-and-file supports have been reduced to largely symbolic gestures like turning on hair dryers and irons during presidential speeches in order to trigger mass blackouts, or boycotting Siemens Nokia, which they accuse of having sold telecommunications-monitoring equipment to the government. (Read Mousavi's interview with TIME's Joe Klein...
...Apple has a big enough lead in terms of when it launched its App store to make it a success. Nokia has enough users to do just as well...