Sumith Kizhakedan
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Foxconn Looks to Southeast Asia for New Investments
By Sumith Kizhakedan - September 2, 2012 | Tickers: AMZN, AAPL, DELL, HPQ, NOK
Apple's (NASDAQ: AAPL) main supplier Foxconn is planning an investment of almost $10 billion in one of the largest emerging economies in South- East Asia, Indonesia. The investments will allow it to draw upon a cheap labor market and a vast duty free zone.
The company was compelled to look into other Asian labor markets to hedge against rising wages and labor unrest at its factories in China.
How more »
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Apple's Chinese Trouble
By Sumith Kizhakedan - September 2, 2012 | Tickers: AAPL, QCOM
Apple (NASDAQ: AAPL) triumphed over Samsung in its patent infringement battle in a US court, but miles away the results aren't that comforting for the world's most valuable company. Reports from China indicate that Apple's share of the smartphone market in that country is now down to 10 percent for the April to June period.China is set to overtake the United States as the world's more »
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India on Coke Diet!
By Sumith Kizhakedan - August 27, 2012 | Tickers: KO, PEP
Consider a market that is 1.2 billion strong yet still in its nascent stage when it comes to adopting aerated drinks. It is with the aim of tapping this huge market potential that Coca-Cola (NYSE: KO) has decided to announce the investment of $5 billion in its Indian operations by 2020. Thirty-five years after it had to exit the country due to the prevalent government policies at that time more »