A few months after the first mass market GLONASS+GPS car navigation devices appeared on the Russian market, supply has been rising rapidly and prices have started to fall. Two navigators, the Lexand SG-555 and the Explay GN-510, were introduced fewer than two weeks ago by their producers, Lexand and Explay, at the recommended retail prices …
Russian GPS+GLONASS car navigator market hit by price war Read More
As of June 1, VimpelCom, a leading mobile operator in Russia under the Beeline brand, will begin testing their wireless payment system, developed by Ambiq Technologies, in the St. Petersburg subway system. The mobile phone add-on was unveiled two months ago by Ambiq Tech St. Petersburg, the Russian branch of American company Ambiq Technologies.
Hong Kong-based electronics manufacturer TPV Technology intends to open a $21 million plant to produce LCD-television sets near St. Petersburg, Kommersant reports.
Tamir Fishman-CIG, a leading Israeli financial group, and the Russian Venture Company (RVC), the state-owned fund dedicated to fostering innovation in Russia, have invested over $6 million in a new joint venture to design a new ASIC semiconductor chip in Russia.
Rusnano will finance the first production of MRAM memory chips in Russia in cooperation with Crocus Technology, based in Grenoble, France, the Russian press reported. Production will be organized through a technology transfer of chip design and packaging. The project will focus on producing Secure Digital (SD), MiniSD/MicroSD, and USB 1.1/2.0/3.0 flash memory cards.
Cisco has announced its first product to be manufactured in Russia: an innovative hardware VPN module that will be produced via a multi-level high-tech supply chain using Cisco’s Russian partners. This production launch is presented as the result of the long-term commitment Cisco made last June to help sustainably develop technological innovation in Russia.
With revenues exceeding 81 billion rubles (approximately $2.87 billion) in 2010, National Computer Corporation (NCC) confirmed its status as the biggest player on the Russian IT market, reports CNews.ru, an online news portal specialized in IT.
Ambiq Tech St. Petersburg, the Russian branch of American company Ambiq Technologies, yesterday unveiled a mobile phone add-on for Russian customers. Based on Near Field Communication technology, a short-range wireless connectivity standard, the insert allows customers to use their phone as a discount card or a payment instrument linked to their bank account.
Russian Electronics has announced plans to invest $228 million building a plant to produce light-diode lamps in Tomsk region. The plant is reportedly to be located in Tomsk special economic zone (SEZ). Construction of the plant is scheduled to start in May 2011 and last 1.5 years.
Explay, a leading Russian manufacturer of car navigators, announced last week its launch of a navigator that supports the two satellite-based location systems, GPS and GLONASS.
Notebooks and tablet PCs have become more popular than desktop PCs over the past two or three years, Samsung representative Sergei Ilyushin told Kommersant, a Russian business daily. According to him, tablet computers, which entered the mass market only last year, could displace netbooks as early as 2011.
Navitel, the leading Russian publisher of navigation software, has reported that total sales in the navigation software market grew by 300% in 2010, according to RBC Daily, a Russian business daily.
