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Tag: micromax
Micromax to start selling smartphones in China in 2017
2016-06-03 08:19:00| Telecompaper Headlines
(Telecompaper) Indian mobile phone manufacturer Micromax Informatics plans to start selling handsets in China in 2017. The company also intends to public in two years. Micromax wants to become the world's 5th largest smartphone maker by number of phones sold by 2020. To achieve that, it needs to access Chinese customers and raise more cash from a public offering or private investors, The WSJ reports, citing Micromax co-founder Vikas Jain.
Tags: start
china
selling
smartphones
MicroMax Products Wow Industry Experts at Embedded World 2016
2016-03-22 11:31:11| Industrial Newsroom - All News for Today
New York Participants at Embedded World 2016 in Nuremberg eagerly welcomed MicroMax's newest extremely rugged computing products for harsh environments. Attendees lauded the new high-performance industrial computer M-Max 871 EP2/MMS and Gigabit Ethernet switch M-Max SW208. These additions to the M-Max family...
Tags: world
products
industry
experts
What's ailing India's Micromax
2016-03-14 03:07:38| Semiconductors - Topix.net
Micromax vaulted past Samsung Electronics Co Ltd to become India's leading smartphone brand. Today, its market share has nearly halved, several top executives have resigned, and the company is looking for growth outside India.
Alibaba in talks to acquire 20% stake in Micromax - report
2015-05-08 12:29:00| Telecompaper Headlines
(Telecompaper) Alibaba is in talks with Indian smartphone maker Micromax Informatics to acquire a stake of approximately 20 percent in the company, Reuters reports, citing several unnamed people with direct knowledge of the matter. The deal would see Alibaba investing over USD 1.2 billion in Micromax, valuing the Indian company at up to USD 6 billion, two of the people said. Micromax and Alibaba started negotiations on the stake sale after discussions with investors led by Japanese company Softbank failed over differences in valuations, the sources said.
Tags: report
talks
acquire
alibaba
SoftBank, investors to acquire 20% Micromax stake - report
2015-03-27 12:45:00| Telecompaper Headlines
(Telecompaper) A group of investors led by Japanese mobile operator SoftBank is in talks to acquire a 20 percent stake in Indian smartphone maker Micromax Informatics for up to USD 1 billion, Reuters reports, citing two unnamed people aware of the negotiations. The investment would value Micromax at USD 5 billion, the sources added.
Tags: report
investors
acquire
stake