Ericsson to invest heavily in South Korean market
Swedish telecom company Ericsson has announced that they are going to invest around USD 1.5 billion in the South Korean market in the coming years.
They are going to set up a research centre in South Korea which would focus on developing environmentally-friendly and fourth-generation telecommunications technologies.
They [...]

Ikea postpones entry into the Indian market
Ikea has announced that they are scrapping their plans to enter the Indian market for the time being.
The Swedish giant said that their talks with the Indian government just did not materialize and they are now discarding their plans to invest in the country.
Indian government does not allow international [...]

Maruti Suzuki closing on selling 10 lakh Alto in India
Maruti Suzuki are getting close to selling their 10 lakh unit of Maruti Alto in the Indian market.
They have already manufactured the 10 lakh unit at their plants earlier this year.
This model is exported to other countries including Switzerland, Germany, the Netherlands, Finland, Greece, Austria, Ireland, [...]

Now Australia has more cell phones than people
Australia has become the latest country where there are more mobile subscribers compared to people.
Australian Communications and Media Authority reported that the country now has more than one cell phone for every Australian.
As of June 30, 2007, Australia had 21.26 million phones operating with just 21.1 million people [...]