Micromax Company

Micromax is an Indian Consumer Electronics company located in Gurgaon, Haryana, India. It focuses on the manufacturing of Mobile Telephones, Tablet Computers, 3G, Datacards and LED Televisions. It has 23 domestic offices across the country and international offices in Hong Kong. Presently, the company has about 656 employees.

Micromax started as an IT software company in the year 2000 working on embedded platforms. In 2008, it entered mobile handset business and by 2010 it became one of the largest Indian domestic mobile handsets company by offering unique affordable innovations. This transformation was steered by four friends who divided responsibilities on functional lines, which haven’t changed since: Rajesh Agarwal, Rahul Sharma, Vikas Jain, and Sumeet Arora. The company has a 22% market share in the smartphone segment in India As per IDC Asia/ Pacific Quarterly Mobile Phone Tracker 2013 Q2 for August 2013. The brand’s product portfolio has more than 60 models today, ranging from feature rich, dual SIM phones, 3G Android Smartphones, TabletsPC's, LED Televisions and 3Gdata cards. The company has many firsts to its credit when it comes to the Mobile handset market including the 30-day battery backup, dual SIM, QWERTY Keypad, Universal Remote Control Mobile Phone etc. Micromax  has presence in more than 560 districts through 125,000 retail outlets in India The company has sales presence spread across Bangladesh, Sri Lanka and Nepal.

For more details about company visit: www.micromax.com or http://en.wikipedia.org/wiki/Micromax_Mobile

Nokia Company

Nokia Corporation is a Finnish multinational communications and information technology corporation that is headquartered in Espoo, Finland. Its principal products are mobile telephones and portable IT devices. It also offers Internet services including applications, games, music, media and messaging, and free-of-charge digital map information and navigation services through its wholly owned subsidiary Navteq. Nokia owns a company named Nokia Solutions and Networks, which provides telecommunications network equipment and services.

As of 2012, Nokia employs 101,982 people across 120 countries, conducts sales in more than 150 countries, and reports annual revenues of around €30 billion. By the fourth quarter of 2012, it was the world's second-largest mobile phone maker in terms of unit sales (after Samsung), with a global market share of 18.0%. Now, Nokia only has a 3% market share in smartphones. They lost 40% of their revenue in mobile phones in Q2 2013. Nokia is a public limited-liability company listed on the Helsinki Stock Exchange and New York Stock Exchange. It is the world's 274th-largest company measured by 2013 revenues according to the Fortune Global 500.

Nokia was the world's largest vendor of mobile phones from 1998 to 2012. However, over the past five years its market share declined as a result of the growing use of touchscreen smartphones from other vendors principally the iPhone, by Apple, and devices running on Android, an operating system created by Google. The corporation's share price fell from a high of US$40 in late 2007 to under US$2 in mid-2012. In a bid to recover, Nokia announced a strategic partnership with Microsoft in February 2011, leading to the replacement of Symbian with Microsoft's Windows Phone operating system in all Nokia smartphones. Following the replacement of the Symbian system, Nokia's smartphone sales figures, which had previously increased, collapsed dramatically. From the beginning of 2011 until 2013, Nokia fell from its position as the world's largest smartphone vendor to assume the status of tenth largest.

On 2 September 2013, Microsoft announced its intent to purchase Nokia's mobile phone business unit as part of an overall deal totaling €5.44 billion (US$7.17 billion). Stephen Elop, Nokia's former CEO, and several other executives will join Microsoft as part of the deal.
For more details about company visit: www.nokia.com or http://en.wikipedia.org/wiki/Nokia