Showing posts with label Germany. Show all posts
Showing posts with label Germany. Show all posts

Wednesday, May 08, 2013

International

Apple Vs Samsung: Patents war

Locked in legal wrangles over patents

The battle between Samsung and Apple over copyright and patents ownership reached a climax this year in August with a California jury ordering Samsung to pay $1.051 billion in damages to Apple. The Apple-Samsung trial came after each side filed a blizzard of legal motions and refused advisories by US district judge Lucy Koh to settle the dispute out of court. In April 2011, Apple had filed a patent infringement lawsuit to demand $2.5 billion from its smartphone competitor. In response Samsung, which has overtaken Apple as the world’s leading smartphone maker, had fired back with its own lawsuit seeking $399 million. After the trial, the jury found that several Samsung products illegally used such Apple creations as the “bounce-back” feature when a user scrolls to an end image, and the ability to zoom text with a finger tap. Samsung lawyers insisted that several other companies and inventors had previously developed much of the Apple technology at issue and argued that many of Apple’s claims of innovation were either obvious concepts or ideas stolen from Sony Corp and others. But even after the US court verdict, the battle between the two is far from over. Earlier this month, the two companies squared off once again in the same US court that gave the jury award in favour of Apple. In the hearings that have taken place so far, the iPhone maker has been going all out to convince judge Koh to ban sales of a number of the Korean company’s devices, besides defending its $1.05 billion jury award. Other than the US, Apple and Samsung have filed similar lawsuits in eight other countries, including South Korea, Germany, Japan, Italy, the Netherlands, Britain, France and Australia. In one such suit in South Korea, judges in Seoul ruled that Samsung didn’t copy the look and feel of the iPhone; instead it’s Apple that has infringed on Samsung’s wireless technology.

Hewlett Packard: troubled times

Can Whitman turn around HP’s fortunes?

For Hewlett Packard, the No.1 personal computer maker, things have been going pretty downhill for quite sometime. In the third quarter of this fiscal, HP suffered a $8.9 billion quarterly loss as personal computer sales shrank and it had to swallow a huge write-down linked to its $13.9 billion purchase of Electronic Data Systems Corp. It marked HP’s fourth consecutive year-over-year quarterly decrease in revenue, which sank 5% from last year to $29.7 billion. Worse was to follow as HP disclosed in November that it will take a $8.8 billion write off on the Autonomy deal for which it had paid $11 billion last year. This year alone HP has lost close to a quarter of its market value, and its shares are down about 15% from when Meg Whitman was appointed to the helm last year. Whitman has been shaking things up at HP by reorganizing divisions, ushering in new managers and slashing costs through the job cuts. To cope with the upheaval, HP has been expanding into technology consulting, computer software, data storage and high-end servers made for companies and government agencies. But HP hasn’t been evolving rapidly enough to avoid an alarming deterioration in its financial health.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
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Monday, March 04, 2013

‘‘Indian companies take over foreign companies for very different reasons than do companies in developed” economies

Robert Schipper, Executive Director, Netherlands Foreign Investment Agency talks to deepak ranjan patra about how the Dutch changed the rules of the economic engine

B&E: Despite the economic crisis, foreign investment in the Netherlands increased in 2009...
Robert Schipper (RS):
Trade and foreign direct investment have not only driven our economy in the past but have now also proven to be the way out of the financial crisis for the Dutch economy. Foreign companies and international trade take care of an important part of our economic growth: 4% of our companies are foreign-owned, these foreign-owned companies generate 15% of employment in the Netherlands, they generate 24% of the added value and contribute 30% to the total turnover! The slowdown has proven to be a good time for many strategic investments for foreign companies that have maintained steady balance sheets during the crisis by giving them a cost advantage and the opportunity to seize future markets with recovery on the anvil.

B&E: Considering the fact that conditions in Europe have deteriorated further as compared to 2009, do you think it’s a right time for Indian companies to foray into the European market?
RS:
While the general investment mood anywhere in the world today is cautious, we have seen a steady rise in the risk appetite of Indian companies towards M&A activity. There has been a distinct change in the outlook of India-based companies that are now truly looking at a global playing field rather than considering the United States as the primary market. With more experience in overseas M&A markets and largely successful attempts to integrate overseas acquisitions into their businesses, Indian companies are more open to exploring Europe this year. The recent announcement by Infosys on realigning their market focus to increase activity in Europe is indicative of this mood. In my view, Indian companies will specifically eye distressed assets and niche technology and design centres in sectors like oil and gas, metals and minerals, technology and telecom. With European markets experiencing further consolidation, Indian companies would have opportunities for strategic acquisitions in EU countries.

B&E: What is your outlook for Europe, especially for the major economies like the UK, France, Germany, Italy and Netherlands?
RS:
The countries of northwestern Europe – UK, France, Germany, the Benelux and Scandinavian especially – are completely sound and entering a period of steady economic recovery. As the world market picks up, these nations will naturally benefit from growth in world trade.

B&E: Do you think M&As could play a major role this year in shaping out the global business environment for the days to come?
RS:
As the economic recovery continues, companies in many industries will use mergers and acquisitions (M&As) to help drive revenue growth and bottom-line performance. With a rebound in global markets, Indian companies are also back with an appetite to go for ambitious overseas acquisitions. However, Indian companies take over foreign companies for very different reasons from companies in developed economies. It’s not simply about growth and consolidation. Indian companies acquire international companies to gain market access, to access technology and gain new capabilities as part of a global expansion strategy.

Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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Thursday, September 06, 2012

“The game has heated up, but then that’s market dynamics”

He’s the man who has been steering the Indian arm of Mercedes-Benz for the past five years. In an Exclusive with B&E, Dr. Wilfried Aulbur, CEO & MD, Mercedes-Benz shares where the company is heading

They entered India in 1994. After some restructuring globally and getting accustomed to the Indian landscape, we today know them as Mercedes-Benz India. It wasn’t a smooth ride, but today the luxury automobile giant rules the roost.

B&E: Mercedes-Benz has been in India for over a decade and a half now. What challenges have you faced since you stepped in as its CEO in 2006 and how has been the journey so far?
Dr. Wilfried Aulbur (WA):
In these five years we have faced several challenges. The first one would definitely be the transition from operating in a monopolistic environment to the one filled with intense competition where we not only have the German players, but also the Jaguars and others. Further, we are operating in a market that is growing dramatically, which is an opportunity we need to leverage upon. In fact, we will end up selling 5,000 units more this year. Our CAGR over the past five years roughly boils down to about 30% and things have turned up pretty well for us so far. Another major challenge is to streamline factory operations with sale and after sales services. Then comes the challenge of preparing available human resources in the entire value chain for the upcoming explosion in demand. Apart from these unique challenges, there were those which any company operating in an economy booming with opportunities would face. These included construction of a new facility, ramping up production, expanding R&D activities, so on and so forth.

B&E: How different is it to cater to the luxury segment in India as compared to Germany?
WA:
The difference is the segment itself. The market in India is relatively nascent. As the market grows, we too will continue to grow rapidly and see about 40,000-50,000 Mercedes-Benz cars being sold in India in the next 10 years. In India, we have the privilege of interacting with an elite group of people who form our customer base, but in Germany the customer base is much more broader. In Germany we have a market share of 8%-10%. That means, every tenth new car being sold in the luxury segment is a Mercedes-Benz and we are the clear leader in that market space.

B&E: What is the logic behind “Proven Exclusivity” programme?
WA:
“Proven Exclusivity” is a globally benchmarked pre-owned car programme. This programme utilises specific global benchmarks for vehicle evaluation, quality and warranty to offer Mercedes-Benz certified pre-owned cars to customers. In fact, it’s a very good opportunity for people who wanted to be a part of the Mercedes family, but couldn’t join it because of some sort of financial limitations. This is for the people who want the comfort, quality and safety of a Mercedes-Benz but do not really want to spend as much money. In fact, we aim to garner 15-20% of our overall sales volume through “Proven Exclusivity” programme in the near future.

B&E: But, will a prospective Mercedes buyer go for a second hand car? Luxury was never about anything ‘used’.
WA:
You see, the basic product promise remains exactly the same. You get the same safety, same quality, same comfort and the benchmark performance that is the hallmark of a Mercedes-Benz. The only difference is that we are able to serve a more broader customer base.


Source : IIPM Editorial, 2012.
For More IIPM Info, Visit below mentioned IIPM articles.
 
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