Word: solding
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Consider India. Years of building its business in the country - the first ever cell-phone call in India in 1995 was carried over a Nokia phone and Nokia-deployed network - has established the company as India's biggest supplier by a huge margin. Nokia devices are sold in 162,000 retailers in India, more than three times the number for rivals Samsung or LG. Although Samsung is investing heavily to catch up, Nokia claims roughly 60% of the Indian market. So ubiquitous are the firm's products that many locals refer to their mobile phone as a "Nokia" even when...
...global car sales, but its Japanese and American rivals have been hit harder by weakened consumer demand. Global car sales fell 18% in the first half of 2009. But the decline at VW was modest, with car sales falling just 5% to 3.1 million vehicles. Toyota sold 3.56 million vehicles, a decline of 26% from a year ago. GM, hot on Toyota's heels as the U.S. car maker emerges from bankruptcy, sold 3.55 million vehicles worldwide, down 22%. "VW is in a very strong position and has managed to ride out the economic crisis much better than the other...
...Segel did. "It's sort of like having a great sensei from one of those old karate movies," he says. "He's like Mr. Miyagi. You don't know why you're doing 'wax on, wax off,' and he says, Show me 'wax on, wax off' - then you've sold a script...
...Timbuktu's manuscripts might just change that. The books date from between the 14th and 16th centuries, a time when the town was a thriving trading hub and intellectual center for West Africa. Now, scared that Timbuktu's 50,000 or so surviving books might disintegrate or be sold off to foreign collectors, African and Western organizations are racing to salvage the treasures, preserving them from the ravages of climate, dust and the passage of hundreds of years. Millions of dollars have been spent in laborious conservation and cataloguing of the works. A sleek new museum, completed last April...
...very different from their parents' generation. Few can read the manuscripts' old Arabic script, and some are beginning to ignore long-held taboos against selling them. When I visit Essayouti, Timbuktu's imam, at home, he shows me four ? 15th century leather-bound manuscripts that locals had sold him the day before for about $200. Many locals, he says, simply need the money, or don't know who will next look after the books. "We are trying to explain to each new generation why these are important," he says, peeling back the pages of one of the tomes...