(Bangkok Post via NewsEdge) Sales of Motorola handsets in Thailand this year have already reached the total sales turnover for the whole of last year.
'Thailand is a high-growth emerging market for Motorola in the region, and we expect to continue enjoying the sales momentum with more market share this year,' the chairman and CEO of Motorola, Edward Zander, said during a one-day visit to Thailand.
Despite a sharp increase in local business performance last year, Zander said Motorola had no investment plan to establish a manufacturing facility in Thailand as it already had regional factories in Singapore and Penang.
Motorola posted an 18% increase in sales revenue to $36.84 billion in 2005. Motorola's sales figures in Thailand rose by 84% during the first half of the year, and the number of handset units shipped grew by 74%.
Motorola claimed a 21% market share of global mobile-phone sales last year, giving it the No. 2 position in the global market, behind Nokia.
Zander attributed the company's strong performance to cost efficiency, economies of scale, iconic handset design, a modern brand image and consumer-friendly products and services.
Motorola has spent up to $4 billion on R&D over the last three years.
c 2006 Bangkok Post
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