ResearchMoz

Cataract Surgery Devices Market to 2019 - Advanced Intraocular Lenses (IOLs) and a Growing Patient Population in Emerging Countries Offer Significant Growth Potential

GBI Research
Published Date » 2013-08-07
No. Of Pages » N/A
   
 GBI Research’s report: “Cataract Surgery Devices Market to 2019 – Increasing Cataract Prevalence due to Aging Population, Technical Advances in IOLs, and Shifting Companies’ Focus on Emerging Countries to Drive Future Growth” looks at the market, competitive landscape, and trends for the three cataract surgery devices market segments: intraocular lens (IOL), ophthalmic viscoelastic devices (OVD) and phacoemulsification equipment. It provides comprehensive information on the key trends affecting these segments, and key analytical content on the market dynamics.  
   
 The report also reviews the competitive landscape, analyzes each segment’s pipeline products and gives details of important M&A deals. It is built using data and...
Table of Contents

1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9

2 Executive Summary 11
2.1 The Cataract Surgery Devices Market is Forecast to Exceed $4.5 Billion by 2019 11
2.2 Technological Benefits of Advanced Intraocular Lenses to Drive Future Adoption 12
2.3 Asia-Pacific’s Contribution to Global Revenue to Rise by 2019 13
2.4 Alcon and Abbott Medical Optics Dominate the Global Cataract Surgery Devices Market 15
2.5 Lack of Affordability to Slow Down the Adoption of Phacoemulsification in Developing Countries 16

3 Introduction 17
3.1 GBI Research Report Guidance 17

4 Global Cataract Surgery Devices Market: Disease Overview 19
4.1 Cataract Disease Overview 19
4.1.1 Symptoms 19
4.1.2 Type of Cataract 19
4.1.3 Treatment 19

5 Cataract Surgery Device Overview: 21
5.1.1 Intraocular Lens 21
5.1.1.1 Foldable IOL 21
5.1.1.2 PMMA IOL 22
5.1.2 Ophthalmic Viscoelastic Devices 22
5.1.2.1 Cohesive OVD 22
5.1.2.2 Dispersive OVD 22
5.1.3 Phacoemulsification Equipment 23

6 Global Cataract Surgery Devices Market: Market Characterization 25
6.1 Cataract Surgery Devices Market, Revenue ($m), 2005–2012 25
6.2 Cataract Surgery Devices Market, Revenue ($m), 2012–2019 26
6.3 Cataract Surgery Devices Market, Key Company Shares, 2012 28
6.4 Cataract Surgery Devices Market, Key Trends 30
6.4.1 Key Trends 30
6.4.1.1 Femtosecond Laser-assisted Technology to Complement Phacoemulsification Equipment 30
6.4.1.2 Greater Access to Technologically Advanced IOLs in Europe than in the US 31
6.4.1.3 Low-cost Indigenous Cataract Surgery Device Manufactures to Drive Procedure Volumes in Emerging Countries 32
6.5 Cataract Surgery Devices Market: Market Dynamics 33
6.5.1 Market Drivers 34
6.5.1.1 High Prevalence of Cataracts in Aging Population to Drive Cataract Surgery Procedures 34
6.5.1.2 High Prevalence of Diabetes to Increase the Number of Cataract Procedures 37
6.5.1.3 Increase in the Number of Ambulatory Surgery Centers to Drive Future Growth 39
6.5.1.4 Improved Clinical Outcomes to Increase the Adoption of Accommodating IOLs 41
6.5.2 Market Restraints 41
6.5.2.1 Reduced Government Healthcare Expenditure to Curb Market Growth 41
6.5.2.2 Longer Regulatory Approval Process to Delay Access to Advanced Technologies 42
6.5.2.3 Long Waiting Times to Slow Down the Number of Cataract Procedures in Public Hospitals 42
6.5.2.4 Lack of Healthcare Coverage for Premium IOLs to Slow Down Adoption 43
6.5.2.5 Lack of Affordability to Slow Down the Adoption of Phacoemulsification Equipment in Developing Countries 43
6.5.2.6 Shortage of Ophthalmic Surgeons to Negatively Impact Adoption 44

7 Global Cataract Surgery Devices Market: Segment Analysis and Forecasts 45
7.1 Intraocular Lens Market, Global, Revenue ($m), 2005–2012 45
7.2 Intraocular Lens Market, Global, Revenue ($m), 2012–2019 46
7.3 Ophthalmic Viscoelastic Device Market, Global, Revenue ($m), 2005–2012 48
7.4 Ophthalmic Viscoelastic Device Market, Global, Revenue ($m), 2012–2019 50
7.5 Phacoemulsification Equipment Market, Global, Revenue ($m), 2005–2012 51
7.6 Phacoemulsification Equipment Market, Global, Revenue ($m), 2012–2019 53

8 Global Cataract Surgery Devices Market: Country Analysis and Forecasts 56
8.1 Cataract Surgery Devices Market: Cross-country Analysis 56
8.2 Historic and Forecast Revenue, by Country 59
8.2.1 Cataract Surgery Devices Market, the US, Revenue ($m), 2005–2012 59
8.2.2 Cataract Surgery Devices Market, the US, Revenue ($m), 2012–2019 60
8.2.3 Cataract Surgery Devices Market, Japan, Revenue ($m), 2005–2012 62
8.2.4 Cataract Surgery Devices Market, Japan, Revenue (Sm), 2012–2019 64
8.2.5 Cataract Surgery Devices Market, Germany, Revenue ($m), 2005–2012 66
8.2.6 Cataract Surgery Devices Market, Germany, Revenue ($m), 2012–2019 68
8.2.7 Cataract Surgery Devices Market, India, Revenue ($m), 2005–2012 70
8.2.8 Cataract Surgery Devices Market, India, Revenue ($m), 2012–2019 72
8.2.9 Cataract Surgery Devices Market, France, Revenue ($m), 2005–2012 74
8.2.10 Cataract Surgery Devices Market, France, Revenue ($m), 2012–2019 76
8.2.11 Cataract Surgery Devices Market, the UK, Revenue ($m), 2005–2012 78
8.2.12 Cataract Surgery Devices Market, the UK, Revenue ($m), 2012–2019 80
8.2.13 Cataract Surgery Devices Market, Canada, Revenue ($m), 2005–2012 82
8.2.14 Cataract Surgery Devices Market, Canada, Revenue ($m), 2012–2019 84
8.2.15 Cataract Surgery Devices Market, Spain, Revenue ($m), 2005–2012 86
8.2.16 Cataract Surgery Devices Market, Spain, Revenue ($m), 2012–2019 88
8.2.17 Cataract Surgery Devices Market, Italy, Revenue ($m), 2005–2012 90
8.2.18 Cataract Surgery Devices Market, Italy, Revenue ($m), 2012–2019 92
8.2.19 Cataract Surgery Devices Market, China, Revenue ($m), 2005–2012 94
8.2.20 Cataract Surgery Devices Market, China, Revenue ($m), 2012–2019 96
8.2.21 Cataract Surgery Devices Market, Australia, Revenue ($m), 2005–2012 98
8.2.22 Cataract Surgery Devices Market, Australia, Revenue ($m), 2012-2019 100
8.2.23 Cataract Surgery Devices Market, Brazil, Revenue ($m), 2005–2012 102
8.2.24 Cataract Surgery Devices Market, Brazil, Revenue ($m), 2012–2019 104

9 Global Cataract Surgery Devices Market: Reimbursement System 107
9.1 The US 107
9.2 Canada 107
9.3 Brazil 107
9.4 The UK 107
9.5 France 108
9.6 Italy 108
9.7 India 108
9.8 Australia 108
9.9 Japan 108

10 Global Cataract Surgery Devices Market: Distribution System 109
10.1.1 Supply-side Dynamics 109
10.1.2 Demand-side Dynamics 110

11 Global Cataract Surgery Devices Market: Competitive Assessment 111
11.1 Alcon, Inc. 112
11.1.1 Business Overview 112
11.1.2 Marketed Products 112
11.2 Abbott Medical Optics, Inc. 113
11.2.1 Business Overview 113
11.2.2 Marketed Products 114
11.3 Bausch & Lomb Inc. 114
11.3.1 Business Overview 114
11.3.2 Marketed Products 114
11.4 Hoya Corporation 115
11.4.1 Business Overview 115
11.4.2 Marketed Products 115
11.5 Carl Zeiss Meditec AG 116
11.5.1 Business Overview 116
11.5.2 Marketed Products 116
11.6 Aurolab 117
11.6.1 Business Overview 117
11.6.2 Marketed Products 118

12 Global Cataract Surgery Devices Market: Product Pipeline Analysis 119
12.1.1 Intraocular Lens Market: List of Pipeline Products 121
12.1.2 Intraocular Lens Market: Profiles of Key Pipeline Products 124
12.1.2.1 Accommodative 1CU 124
12.1.2.2 Artificial Lens 125
12.1.2.3 Accommodating Intraocular Lens 125
12.1.2.4 Accommodative–Disaccommodative Intraocular Lens 126
12.1.2.5 AcrySof IQ ReSTOR +8 Multifocal IOL 126
12.1.2.6 Synchrony Dual Optic Accommodating Intraocular Lens 127
12.2 Ophthalmic Viscoelastic Device Market: Product Pipeline 128
12.2.1 Ophthalmic Viscoelastic Device Market: List of Pipeline Products 128
12.2.2 Ophthalmic Viscoelastic Device Market: Profiles of Key Pipeline Products 128
12.2.2.1 EyeCoat SH Viscoelastic 128
12.2.2.2 EyeCoat Plus Viscoelastic 128
12.2.2.3 EyeCoat Viscoelastic 129
12.3 Phacoemulsification Equipment Market: Product Pipeline 130
12.3.1 Phacoemulsification Equipment Market: List of Pipeline Products 130
12.3.2 Phacoemulsification Equipment Market: Profiles of Key Pipeline Products 130
12.3.2.1 Next-Generation Phaco System 130
12.3.2.2 Infiniti Vision System Upgrade 131
12.3.2.3 Enhanced Phacoemulsification System 131

13 Global Cataract Surgery Devices Market: Consolidation Landscape 133
13.1 Key Deals in 2013 (Q1 & Q2) 133
13.1.1 Valeant Pharma’s Acquisition of Bausch & Lomb 133
13.2 Key Deals (2008–2012) 134
13.2.1 Novartis AG’s Acquisition of Alcon 134
13.2.2 Abbott’s Acquisition of Advanced Medical Optics 135
13.2.3 Abbott Medical Optics’ Acquisition of Visiogen 135
13.2.4 Bausch & Lomb’s Acquisition of Eyeonics 136

14 Appendix 137
14.1 Definitions 137
14.1.1 Cataract Surgery Devices 137
14.1.1.1 Intraocular Lenses 137
14.1.1.2 Ophthalmic Viscoelastic Devices 137
14.1.1.3 Phacoemulsification Equipment 138
14.2 Acronyms 138
14.3 Sources 139
14.4 Research Methodology 142
14.4.1 Secondary Research 142
14.4.2 Primary Research 143
14.4.3 Models 143
14.4.4 Forecasts 144
14.4.5 Expert Panels 144
14.5 Contact Us 144
14.6 Disclaimer 145

List of Tables


Table 1: Cataract Surgery Devices Market, Global, Revenue ($m), 2005–2012 26
Table 2: Cataract Surgery Devices Market, Global, Revenue Forecast ($m), 2012–2019 27
Table 3: Cataract Surgery Devices Market, Global, Key Company Revenues ($m), 2012 29
Table 4: Cataract Surgery Devices Market, Global, Distribution of Cataracts, By Age Group (%), 2004 35
Table 5: Cataract Surgery Devices Market, Global, Country Projected Population Age > 60 Years (%), 2010, 2015E and 2020E 36
Table 6: Cataract Surgery Devices Market, Diabetes Population (million) and Prevalence (%) in the Age Group (20–79), Top 12 Countries, 2012 and 2030 38
Table 7: Cataract Surgery Devices Market, Out-patient Procedures as a % of Overall Procedures, By Country, 2009 40
Table 8: Intraocular Lens Market, Global, Revenue Forecast ($m), 2012–2019 47
Table 9: Ophthalmic Viscoelastic Device Market, Global, Revenue ($m), 2005–2012 49
Table 10: Ophthalmic Viscoelastic Device Market, Global, Revenue Forecast ($m), 2012–2019 51
Table 11: Phacoemulsification Equipment Market, Global, Revenue ($m), 2005–2012 52
Table 12: Phacoemulsification Equipment Market, Global, Revenue ($m), 2012–2019 54
Table 13: Cataract Surgery Devices Market, Global, Cross-country Analysis, CAGR (%), 2005–2019 57
Table 14: Cataract Surgery Devices Market, the US, Revenue ($m), 2005–2012 60
Table 15: Cataract Surgery Devices Market, the US, Revenue Forecast ($m), 2012–2019 61
Table 16: Cataract Surgery Devices Market, Japan, Revenue ($m), 2005–2012 63
Table 17: Cataract Surgery Devices Market, Japan, Revenue Forecast ($m), 2012–2019 65
Table 18: Cataract Surgery Devices Market, Germany, Revenue ($m), 2005–2012 67
Table 19: Cataract Surgery Devices Market, Germany, Revenue Forecast ($m), 2012–2019 69
Table 20: Cataract Surgery Devices Market, India, Revenue ($m), 2005–2012 71
Table 21: Cataract Surgery Devices Market, India, Revenue Forecast ($m), 2012–2019 73
Table 22: Cataract Surgery Devices Market, France, Revenue ($m), 2005–2012 75
Table 23: Cataract Surgery Devices Market, France, Revenue Forecast ($m), 2012–2019 77
Table 24: Cataract Surgery Devices Market, the UK, Revenue ($m), 2005–2012 79
Table 25: Cataract Surgery Devices Market, the UK, Revenue Forecast ($m), 2012–2019 81
Table 26: Cataract Surgery Devices Market, Canada, Revenue Forecast ($m), 2005–2012 83
Table 27: Cataract Surgery Devices Market, Canada, Revenue Forecast ($m), 2012–2019 85
Table 28: Cataract Surgery Devices Market, Spain, Revenue ($m), 2005–2012 87
Table 29: Cataract Surgery Devices Market, Spain, Revenue Forecast ($m), 2012–2019 89
Table 30: Cataract Surgery Devices Market, Italy, Revenue ($m), 2005–2012 91
Table 31: Cataract Surgery Devices Market, Italy, Revenue Forecast ($m), 2012–2019 93
Table 32: Cataract Surgery Devices Market, China, Revenue ($m), 2005–2012 95
Table 33: Cataract Surgery Devices Market, China, Revenue Forecast ($m), 2012-2019 97
Table 34: Cataract Surgery Devices Market, Australia, Revenue ($m), 2005–2012 99
Table 35: Cataract Surgery Devices Market, Australia, Revenue Forecast ($m), 2012-2019 101
Table 36: Cataract Surgery Devices Market, Brazil, Revenue ($m), 2005–2012 103
Table 37: Cataract Surgery Devices Market, Brazil, Revenue Forecast ($m), 2012–2019 105
Table 38: Alcon, Key Marketed Products, 2013 113
Table 39: Abbott Medical Optics, Key Marketed Products, 2013 114
Table 40: Bausch & Lomb, Key Marketed Products, 2013 115
Table 41: Hoya Corporation, Key Marketed Products, 2013 116
Table 42: Carl Zeiss Meditech, Key Marketed Products, 2013 117
Table 43: Aurolab, Key Marketed Products, 2013 118
Table 44: Cataract Surgery Devices Market, Global, Product Pipeline Analysis, 2013 120
Table 45: Intraocular Lens Market, Global, Pipeline Product Summary I, 2013 121
Table 46: Intraocular Lens Market, Global, Pipeline Product Summary II, 2013 122
Table 47: Intraocular Lens Market, Global, Pipeline Product Summary II, 2013 123
Table 48: Intraocular Lens Market, Global, Pipeline Product Summary III, 2013 124
Table 49: Accommodative 1CU, Product Status, 2013 125
Table 50: Artificial Lens, Product Status, 2013 125
Table 51: Accommodating Intraocular Lens, Product Status, 2013 126
Table 52: Accommodative-Disaccommodative Intraocular Lens, Product Status, 2013 126
Table 53: AcrySof IQ ReSTOR +8 multifocal IOL, Product Status, 2013 127
Table 54: Synchrony Dual Optic Accommodating Intraocular Lens, Product Status, 2013 127
Table 55: Ophthalmic Viscoelastic Device Market, Global, Pipeline Product Summary II, 2013 128
Table 56: EyeCoat SH Viscoelastic, Product Status, 2013 128
Table 57: EyeCoat Plus Viscoelastic, Product Status, 2013 129
Table 58: EyeCoat Viscoelastic, Product Status, 2013 130
Table 59: Phacoemulsification Equipment Market, Global, Pipeline Product Summary II, 2013 130
Table 60: Next-Generation Phaco System, Product Status, 2013 131
Table 61: Infinite Vision System Upgrade, Product Status, 2013 131
Table 62: Enhanced Phacoemulsification System, Product Status, 2013 132
Table 63: Cataract Surgery Devices Market, Global, Key M&As, 2008–2012 133

List of Figures

Figure 1: Cataract Surgery Devices Market, Global, Revenue Forecast ($m), 2012–2019 11
Figure 2: Cataract Surgery Devices Market, Comparison of Intraocular Lenses, 2013 12
Figure 3: Cataract Surgery Devices Market, Global, Revenue Forecast by Geography (%), 2012–2019 14
Figure 4: Cataract Surgery Devices Market, Global, Key Companies, 2012 15
Figure 5: Cataract Surgery Devices Market, Global, Revenue ($m), 2005–2012 25
Figure 6: Cataract Surgery Devices Market, Global, Revenue Forecast ($m), 2012–2019 27
Figure 7: Cataract Surgery Devices Market, Global, Key Company Shares (%), 2012 29
Figure 8: Cataract Surgery Devices Market, Accommodating IOLs, 2013 32
Figure 9: Cataract Surgery Devices Market, Access to Cataract Surgery in Developing Countries, 2013 33
Figure 10: Cataract Surgery Devices Market, Market Dynamics 34
Figure 11: Cataract Surgery Devices Market, Global, Distribution of Cataracts, By Age Group (%), 2004 35
Figure 12: Cataract Surgery Devices Market, Country Projected Population Aged >60 Years (%), 2010–2020E 36
Figure 13: Cataract Surgery Devices Market, Diabetes Prevalence (%) in the Age Group (20–79), Top 12 Countries, 2012 and 2030 38
Figure 14: Cataract Surgery Devices Market, Out Patient Procedures as a % of Overall Procedures, By Country, 2009 40
Figure 15: Intraocular Lens Market, Global, Revenue ($m), 2005–2012 45
Figure 16: Intraocular Lens Market, Global, Revenue Forecast ($m), 2012–2019 47
Figure 17: Ophthalmic Viscoelastic Device Market, Global, Revenue ($m), 2005–2012 49
Figure 18: Ophthalmic Viscoelastic Device Market, Global, Revenue Forecast ($m), 2012–2019 50
Figure 19: Phacoemulsification Equipment Market, Global, Revenue ($m), 2005–2012 52
Figure 20: Phacoemulsification Equipment Market, Global, Revenue ($m), 2012–2019 54
Figure 21: Cataract Surgery Devices Market, Global, Cross-country Analysis, CAGR (%), 2005–2019 56
Figure 22: Cataract Surgery Devices Market, the US, Revenue ($m), 2005–2012 59
Figure 23: Cataract Surgery Devices Market, the US, Revenue Forecast ($m), 2012–2019 61
Figure 24: Cataract Surgery Devices Market, Japan, Revenue ($m), 2005–2012 63
Figure 25: Cataract Surgery Devices Market, Japan, Revenue Forecast ($m), 2012–2019 65
Figure 26: Cataract Surgery Devices Market, Germany, Revenue ($m), 2005–2012 67
Figure 27: Cataract Surgery Devices Market, Germany, Revenue Forecast ($m), 2012–2019 69
Figure 28: Cataract Surgery Devices Market, India, Revenue ($m), 2005–2012 71
Figure 29: Cataract Surgery Devices Market, India, Revenue Forecast ($m), 2012–2019 73
Figure 30: Cataract Surgery Devices Market, France, Revenue ($m), 2005–2012 75
Figure 31: Cataract Surgery Devices Market, France, Revenue Forecast ($m), 2012–2019 77
Figure 32: Cataract Surgery Devices Market, the UK, Revenue ($m), 2005–2012 79
Figure 33: Cataract Surgery Devices Market, the UK, Revenue Forecast ($m), 2012–2019 81
Figure 34: Cataract Surgery Devices Market, Canada, Revenue Forecast ($m), 2005–2012 83
Figure 35: Cataract Surgery Devices Market, Canada, Revenue Forecast ($m), 2012–2019 85
Figure 36: Cataract Surgery Devices Market, Spain, Revenue ($m), 2005–2012 87
Figure 37: Cataract Surgery Devices Market, Spain, Revenue Forecast ($m), 2012–2019 89
Figure 38: Cataract Surgery Devices Market, Italy, Revenue ($m), 2005–2012 91
Figure 39: Cataract Surgery Devices Market, Italy , Revenue Forecast ($m), 2012–2019 93
Figure 40: Cataract Surgery Devices Market, China, Revenue ($m), 2005–2012 95
Figure 41: Cataract Surgery Devices Market, China, Revenue Forecast ($m), 2012–2019 97
Figure 42: Cataract Surgery Devices Market, Australia, Revenue ($m), 2005–2012 99
Figure 43: Cataract Surgery Devices Market, Australia, Revenue Forecast ($m), 2012-2019 101
Figure 44: Cataract Surgery Devices Market, Brazil, Revenue ($m), 2005-2012 103
Figure 45: Cataract Surgery Devices Market, Brazil, Revenue Forecast ($m), 2012–2019 105
Figure 46: Cataract Surgery Devices Market, Global, Market Position Based on Revenue, 2012 111
Figure 47: Cataract Surgery Devices Market, Global, Pipeline Products Summary, 2013 119

Upcoming Reports:

Social Network Advertising Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts, 2012 - 2018
By - Transparency Market Research
Social networking advertising is the means of gaining attention of customers by utilizing social networking portals. Increasing use of internet and social media have forced marketers to find better ways of communication and engagement with customers so as to increase the efficiency of advertising, increase their customer base and create loyal customers. The global social media market reported USD 11.78billion revenue in 2011 and this is expected to increase to USD 17 billion in 2012. In this market, the major contribution of 60% by the social networking advertising...
Bottled Water Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 - 2018
By - Transparency Market Research
Bottled water market is one of the rapidly growing and competitive markets worldwide. It plays a significant role in solving the water pollution problems by providing safe and purified drinking water to people. Growing concerns about personal health and increasing promotional activities are some of the major factors driving the market growth.  Rise in water pollution level is encouraging the use of water filters or bottled water for daily for daily use, thus contributing to the market growth. Tremendous growth in population, increasing disposable income, poor quality tap...
Laparotomy Sponge Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2014 - 2020
By - Transparency Market Research
Laparotomy (also known as celiotomy), is an abdominal surgical procedure in which large incision is made to gain access to abdominal cavity. This surgical procedure is performed to examine various abdominal organs such as stomach, intestine and liver for their proper functioning. Laparotomy also helps in diagnosing various abnormalities in the vital abdominal organs. Laparotomy when performed for diagnostic purposes, termed as exploratory laparotomy. Various disorders that can be identified and treated include colon cancer and peptic ulcer. Laparotomy incision can be made via three...

Research Assistance

We will be happy to help you find what you need.
Please call us or write us:

866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-618-1030
Email: sales@researchmoz.us
Select License type:

Share this report

Related News

Early Treatment to Cure HIV virus Might not be Effective
Jul 23, 2014  
According to a research study, the virus of AIDS, HIV has the capacity of creating invulnerable strongholds in the host’s body rapidly. This has dashed hopes of early treatment for the condition, which might have been helpful to cure the virus. In one case, a baby was thought to be cured with the new treatment after its birth, however, the virus emerged couple of years later. A...
Pharmaceutical Companies in Europe to Share Deprioritized Compounds for Medical Research
Jul 23, 2014  
Seven leading drugmakers in the UK have decided to share their unused experimental medicines with British researchers involved in academic research. This move is seen as an effort to deepen relations between the pharmaceutical industry and the community of scientists in the country. The new partnership between the seven pharma companies and the Medical Research Council (MRC) was...
Xiaomi Broadens Line-Up With Bigger Screen Phones
Jul 23, 2014  
Targeting the market of larger mobile phones, Xiaomi Corp. is all set to launch a 5-inch screen smartphone next week. The smartphone maker that beats Apple Inc. in China in terms of sales is broadening its line-up of electronic devices in order to challenge Samsung and Apple who dominate the market in developed countries such as the U.S. Apple is also said to be launching its latest version of...
Sony To Invest USD 345 Million In Image Sensors
Jul 23, 2014  
Sony Corp plans on investing USD 345 million in image sensors in its smartphones and tablets to enhance front-camera experience as the ‘selfie’ trend goes viral. Two CMOS sensors manufacturing factories will see an increase in production. These units – Nagasaki and Kumamoto Technology Centres – are based in Kyushu, an island situated in southern Japan. With the said...
Typhoon Rammasun hits Yangjiang, Guangdong province
Jul 22, 2014  
The largest typhoon to hit the southern part of China in forty years has resulted in death of 17 people after wreaking havoc on Philippines. The typhoon Rammasun has resulted in deaths of eight people on the island of Hainan. Many people are recorded missing and nine of these from the Guangxi region. This typhoon caused landfall on Friday, and was reported with winds exceeding 200...