<a href=/RCL/BAN/009/?lnk=yes target=_blank><img src=/RCL/BAN/009/141014_1.gif width=1050 height=60 border=0></a>
Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact Us
Customer Login
 


Headlines
 

11/01 13:10   Russia test-fires Topol-M ICBM from Plesetsk space center (Part 2)
 
11/01 12:19   National Defense Control Center to have protected complex to accumulate info from various agencies - Shoigu
 
11/01 11:06   Russia test-fires Topol-M ICBM from Plesetsk space center
 
11/01 10:17   Energia general designers approve further projects under ISS program
 
11/01 09:00   RUSSIA AND FSU GENERAL NEWS
 
10/31 22:38   Ukraine, Russia sign protocol on joint control at Dyakove-Kuibyshevo checkpoint (Part 2)
 
10/31 22:23   Ukraine, Russia sign protocol on joint control at Dyakove-Kuibyshevo checkpoint
 
10/31 22:03   Glonass/GPS equipment being tested onboard Progress cargo spacecraft
 
10/31 21:45   Fourteen Russian companies to display exhibits at Indo Defense 2014 exhibition in Jakarta
 
10/31 21:41   United Shipbuilding Corporation displays mockups of prospective warships at Euronaval exhibition
 




 

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

November 01, 2014
 
12:19
National Defense Control Center to have protected complex to accumulate info from various agencies - Shoigu
 
11:06
Russia test-fires Topol-M ICBM from Plesetsk space center
 
10:17
Energia general designers approve further projects under ISS program
 
09:00
RUSSIA AND FSU GENERAL NEWS
 
October 31, 2014
 
22:38
Ukraine, Russia sign protocol on joint control at Dyakove-Kuibyshevo checkpoint (Part 2)
 
22:23
Ukraine, Russia sign protocol on joint control at Dyakove-Kuibyshevo checkpoint
 
22:03
 
21:45
Fourteen Russian companies to display exhibits at Indo Defense 2014 exhibition in Jakarta
 
21:41
United Shipbuilding Corporation displays mockups of prospective warships at Euronaval exhibition
 
21:23
Nine MH17 air crash victims still unidentified - Dutch govt
 
21:14
Ukrainian troops receive 150 mln hryvni worth of weapons, hardware - deputy defense minister
 
20:59
Ekho Moskvy told to submit website registration papers - Venediktov
 
20:45
Akhmetov, Bogolyubov, Kolomoyskyi top list of richest Ukrainians - magazine
 
20:44
Moscow aware of arrest of nuclear technology company chief in U.S. - Foreign Ministry
 
 more headlines 



Interviews
 

.
The name Arkady Rotenberg has been in the news far more frequently than usual in recent months. The billionaire was hit by the first wave of European Union sanctions against Russia, and has already challenged this decision in court. Recently it was reported that the businessman has sold part of his assets to his eldest son. Arkady Rotenberg spoke in an interview with Interfax about whether there was a link between these two developments, the impact of sanctions on his business, his friendship with President Vladimir Putin and many other topics.

more
.
.
Pakistani Ambassador to Russian Zaheer Aslam Janjua has given an interview to Interfax in which he speaks about prospects for supplying more Pakistani food products to Russia, the quality of such products and invites Russian companies to implement infrastructural projects in Pakistan.

more
.
.
John Padilla, managing director of consultants IPD Latin America, talks to Interfax about Colombia’s investment climate.

more

 
  
 ©   1991—2014   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