• News
  • Columns
  • Interviews
  • BW Communities
  • BW TV
  • Subscribe to Print
BW Businessworld

MediaTek Announces Beidou Satellite Navigation System

Photo Credit :

MediaTek Inc, a semiconductor company for wireless communications and digital multimedia solutions, announced the availability of its MT3332/MT3333, the world’s first 5-in-1 multi-GNSS (Global Navigation Satellite System) receiver SoC solutions that support 'Beidou Satellite Navigation System'.

The Beidou system has been commercially operational since the end of 2012, and is currently a constellation of 16 satellites providing positioning, navigation and timing services to the Asia-Pacific region. It will be one of the most important satellite navigation systems to eventually cover the entire globe by 2020.

Belkin Announces Intent to Acquire Cisco’s Home Networking Business Unit
Belkin, a provider of interconnectivity solutions in computing and consumer electronic devices, has entered into an agreement to acquire Cisco’s Home Networking Business Unit, including its proven products, technology, well-known Linksys brand and talented employees. With global operations, Linksys’ main office is located in Irvine, California.

Belkin intends to maintain the Linksys brand and will offer support for Linksys products as part of this transaction. All valid warranties will be honoured by Belkin for current and future Linksys products. After the transaction closes, Belkin will account for approximately 30 per cent of the US retail home and small business networking market.

Belkin and Cisco intend to develop a strategic relationship on a variety of initiatives including retail distribution, strategic marketing and products for the service provider market. Having access to Cisco’s specialized software solutions across all of Belkin’s product lines will bring a more seamless user experience for customers. Merging the innovation capabilities of Linksys and Belkin provides a powerful platform from which to develop the next generation of home networking technology.

Haier Retains Its Position As World Leader In Major Appliances
Haier, home appliances & consumer electronics brand, has retained its world's No.1 spot in major appliances. Euro Monitor International, the London-based market intelligence firm, providing market research, business intelligence reports, and data to industry, certified Haieras the numero uno position globally for the year 2012.

Haier achieved this feat by commanding a whopping 8.6 per cent of the total retail volume share globally in 2012 registering a growth of 0.8 per cent from 7.8 per cent of the total retail volume share in 2011.

It increased its retail volume share to 14.8 per cent and 16.6 per cent respectively. It was for the first time that Haier bagged the top spot for manufacturer in Home Laundry Appliances with 12.2 per cent retail volume share in 2012.

Haier dominated the Freezer market by bagging the No. 1 slot and an astounding 18.8 per cent of the total market share against 16.7 per cent in 2011. Haier also retained the top honours for Freezer manufacturer by grabbing 18.6 per cent share of the total retail volume.

The share of the total retail volume was recorded at 16.8 per cent in 2011 thus marking a significant rise of 1.8 per cent. Both as the no.1 brand & manufacturer of Wine cooler/ chillers, Haier continued to enjoy a major volume retail share of 15.3 per cent, globally.

Juvalia & You To Enter Gujarat Market
Juvalia & You, India’s growing jewellery brand with online and direct selling business extensions, now forays into the potential market of Gujarat.

Ever since the launch of Juvalia & You, India in early 2012, it has substantially penetrated its direct selling operations across north India including markets such as Delhi, NCR, Punjab, Chandigarh and Ludhiana. With its international standard designs and unique distribution strategy, Juvalia & You has successfully built a network of over 10,000 stylists which has been steadily scaling up its operations in the region.