Kyocera set to buy Sanyo unit

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Kyocera will buy Sanyo's loss-making mobile phone unit for 378m euros. After 3 years of losses (and coaching by Goldman Sachs), Sanyo hopes to rebuild focusing on solar cells and Kyocera wants to create the world's 6th biggest handset maker.

Read the deal. 

WalMart Doubles Budget to Build Global E-Commerce

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Wal-Mart will double its international capital expenditure for IT and spend $200m on global e-commerce. To offset slowing U.S. growth, Wal-Mart’s international division set up a new e-commerce unit with a 5-year plan to build a global platform to sell groceries, general merchandise and digital products and link up stores with call centres. The goal is a software equivalent of Lego blocks that could be readily deployed in different markets. In USA, sells $2bn a year and only Amazon has more visitors. Go WalMart International 

Courts of Singapore Wins Global Award

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Courts MegastoreNot Best Buy, not Dixons, not MediaMarkt. The Global Innovation Award of 2007 in Entertainment, Electronics and Office Supply goes to… a Singapore retailer, Courts.

Claiming Courts is “redefining the retail experience,” retail analyst (and award-giver) Planet Retail says Courts revamped its flagship unit in Tampines Retail Park. With 10,000+ sq. meters in three floors, the award-winning store includes “The Countdown Corner” (promos only available for a limited period) with oversized yellow countdown clocks showing time left for each deal. Their “Hot off the Docks” area looks like a giant open shipping container and showcases deals on pallets, “straight from the docks of Singapore.”

Take a look at Courts Megastore.

Mobile World Congress Opens

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Mobile World Congress openingIt’s a sell-out in Barcelona. Expect Europe’s mobile phone show to dominate the news this week. With Robert Redford, the Global Mobile Awards, co-located events, the first mobile phone on Google's open-source Android platform and the latest from Nokia, Samsung, and Motorola, the Mobile World Congress will garner media attention. Mobile TV is the biggest topic this year, as makers and telcos hope for a breakthrough. 

Forget the iPhone embarrassed them all last year. Forget they had to change their name (again) after 3GSM didn’t pan out. Forget new studies that suggest only 1 out of 3 owner are happy with their traditional mobile. They’ll just focus on the fact that Hollywood wants their screen, Madison Ave. wants their screen, and they want all music downloads they can lure away from iTunes.

Dial this URL for more.

Newsflash 3

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Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by itslef but the wrod as a wlohe.

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