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Asia Key Market For Ambitious Tech Firms

  • Reuters, Thursday, October 20, 2011 12 AM

Google is deepening ties with Asian electronics powerhouse Samsung Electronics, the largest Android seller, which is also set to overtake Apple as the world's biggest smartphone vendor in the third quarter. "The Asian market is very important. Asia-Pacific, already bustling with smartphone users, will drive further growth in feature phones and smartphones over the next few years, while European and U.S. markets stagnate, analysts say.

Jerry Yang, Yahoo's co-founder highlighted Asia as a "very important and growing" consumption market for Yahoo. "Southeast Asia and India, in the next three years, there will be 100 million users coming online," Yang said, pointing to the proliferation of $50 feature phones.

 

 

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