Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact Us
Customer Login
 


Headlines
 

07/28 22:27   EU hopes to reach compromise with Russia on personal data storage - EU diplomat
 
07/28 22:06   Opposition urges federal authorities to intervene in electoral situation in Novosibirsk region
 
07/28 22:00   Russia to send two humanitarian convoys to Donbas in August - emergency situations minister
 
07/28 21:55   Russia's federal space program being adjusted in keeping with Putin's proposals - official
 
07/28 21:36   Tbilisi unmoved by Russia's new naval doctrine
 
07/28 20:57   Ukrainian Foreign Ministry asks Security Service to declare French parliamentarians who visited Crimea personae non gratae
 
07/28 20:41   Design of super-heavy rocket to require 700 bln rubles, take at least 12 years - Koptev
 
07/28 20:39   Best army units of Ukraine engaged in Mariupol defense
 
07/28 20:37   Putin's visit to China in September to be good opportunity for signing deal on gas shipment via western route - Kremlin spokesman (Part 2)
 
07/28 20:35   Poroshenko promises no state interference in forming united local Ukrainian Orthodox Church
 




 

Interfax.com  |  Interfax news  |  Svyaznoy sees smartphone, tablet sales rising in...


News headlines


February 19, 2014 12:43

Svyaznoy sees smartphone, tablet sales rising in 2014

MOSCOW. Feb 19 (Interfax) - Cellphone seller Svyaznoy expects to see some growth in the sale of smartphones and tablets this year.

"We anticipate modest market growth in 2014 and view the market with more optimism than do some of our colleagues," the Svyaznoy group's chief Michael Tach told Interfax. "We think the money from sales of smartphones and tablets will increase," he said.

Svyaznoy, which by its own estimate commands first place in the sale of smartphones in Russia and second in the sale of tablets, intends to increase its tablet market share to 17%-18% in monetary terms in the next few years from 13% in 2013.

Russia's biggest cellular retailer, Euroset (MOEX: TDEV), said recently, however, that it expected a drop in 'dumb phone' and smartphone sales in both monetary and per-unit terms this year, for the first time since the crisis year of 2008.

Svyaznoy does note a drop in consumer confidence, but thinks it a temporary thing, Tach said.

In 2013, Svyaznoy's like-for-like (LfL) store sales increased 12%. They were up 5% in January and to this point this month, which is down year-on-year but is positive, considering the market situation in general, Tach said.

Svyaznoy is prepared for a market slowdown. The period in which the chain was expanding has come to a stop, and the company is putting its efforts mainly into the development of its services instead of the opening of stores, he said. And the company is not in need of raising additional financing, he said.

"Our chain has reached optimal coverage. It is now not as important to 'be on every street' as it is to provide the buyer with the purchase via different channels - via the Internet, call centers, electronic catalogs. We are concentrating on the further development of multi-channel sales and on the development of special formats. For example, mono-brand stores and shop-in-shop," Tach said. Svyaznoy is looking to double the mono-brand chain CStore, which sells Apple products and which numbers fifteen outlets now.

Tach did not rule out the possibility that prices for 'gadgets' will rise due to the slumping ruble exchange rate, but did say that "the fluctuation of cross exchange rates is not a key factor in this case." "A majority of producers have Russian warehouses, which makes it possible to plan deliveries [in good time] and avoid direct dependence on exchange-rate fluctuations. Moreover, prices will likely be influenced by the level of competition on the market and consumer activity," he said.

Cf of

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

July 28, 2015
 
22:27
EU hopes to reach compromise with Russia on personal data storage - EU diplomat
 
22:06
Opposition urges federal authorities to intervene in electoral situation in Novosibirsk region
 
22:00
Russia to send two humanitarian convoys to Donbas in August - emergency situations minister
 
21:55
Russia's federal space program being adjusted in keeping with Putin's proposals - official
 
21:36
Tbilisi unmoved by Russia's new naval doctrine
 
20:57
Ukrainian Foreign Ministry asks Security Service to declare French parliamentarians who visited Crimea personae non gratae
 
20:41
Design of super-heavy rocket to require 700 bln rubles, take at least 12 years - Koptev
 
20:39
Best army units of Ukraine engaged in Mariupol defense
 
20:37
 
20:35
Poroshenko promises no state interference in forming united local Ukrainian Orthodox Church
 
20:24
Ex-Ukrainian President Yanukovych ready to testify to Ukrainian authorities via video link - lawyer
 
20:14
Ukrainian forces accuse militia of shelling their positions 47 times over past 24 hours
 
20:11
Putin's visit to China in September to be good opportunity for signing deal on gas shipment via western route - Kremlin spokesman
 
20:09
Dollar, euro gain against ruble on Tuesday amid declining exporter FX sales
 
 more headlines 



Interviews
 

.
OSCE Parliamentary Assembly Director of Communications Richard Solash has given an interview to Interfax in which he speaks about how the ban for Russian State Duma speaker Sergei Naryshkin to enter Finland for the summer session of the OSCE Parliamentary Assembly may impact the session and what this Finland‘s decision may lead to in current conditions.

more
.
.
Head of Operations for Europe and Central Asia of the International Committee of the Red Cross Laurent Corbaz has given an interview with Interfax in which he speaks about the activity of the ICRC in eastern Ukraine and problems that ICRC officials face there, as well as interaction with Russian authorities on humanitarian aid and situation with Ukrainian refugees.

more
.
.
Indian Ambassador to Russia Pundi Srinivasan Raghavan has given an interview to Interfax ahead of the BRICS and SCO summit in Ufa in which he speaks about India‘s attitude to the two organization, as well as bilateral Indian-Russian ties.

more

 
  
 ©   1991—2015   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100