As an attempt to strengthen its customer relationship, Motorola recently inaugurated an experiential retail store ‘Moto Hub’ in India. With this move, Motorola will be able tp provide its customers with an opportunity to experience the full portfolio and purchase Motorola products under one roof. The first six Moto Hubs have been launched at the following locations: -Great India Place, NOIDA -Logix Mall, NOIDA -Shipra Mall, Indirapuram -Xperia Mall, Dombivali, Mumbai -Korum Mall, Thane, Mumbai -Viviana Mall, Thane, Mumbai By the end of this financial year, the company aims at opening 50 Moto Hubs across the top tier towns in India. Housing all the device that exclusively available online, these one-stop-shops will showcase a complete portfolio of Motorola devices,.This includes Motorola accessories like on-ear and in-ear headphones, moto shells, covers etc. The company also provides various inaugural offers where the buyers will get a free Motorola accessories on the purchase of Motorola E, C and G series. The company will also provide a discount of 50% on MODS on the purchase of Moto Z2 play, along with easy EMI options to choose from. Sharing his thoughts at the inaugural event, the Managing Director of Motorola Mobility India, Sudhin Mathur said, “At Motorola, we understand our consumers’ needs and focus on providing them meaningful mobile experiences. We believe with the launch of this new retail channel ‘Moto Hub’, we are giving the customers an opportunity to get access to the complete Motorola portfolio, our technology and devices, in an environment that is more open, fun and very uniquely Motorola.”
Japan's leading printer and photocopier maker Konica Minolta Inc. announced at the company will be acquiring Ambry Genetic Corp. - a US diagnostic company, in a deal valued at up to USD 1 billion. This is one of the largest deals for Konica Minolta and the company will jointly carry out the acquisition with the funds provided by Innovation Network Corp of Japan. Konica Minolta, which has a market value of around $4 billion, will account for 60 percent of the investment and the Innovation Network Corp of Japan (INCJ) will provide for the remaining 40 percent. Both the companies intend to enter into the precision medicine segment which is expected to have a great potential for the treatment of cancer. KMI has its own diagnostic technique, utilising a High Sensitive Tissue Testing (HSTT) technology, while Ambry excels in genetic tests for breast, colon and cancers, heart and respiratory diseases, etc. Further, the company will combine its HSTT technology and Ambry's genetic diagnostic technology to offer high-standard cancer diagnostic services and aid the development of new reagents which will help produce new medicines. Talking about the acquisition, Shoei Yamana - Chief Executive Officer of Konica Minolta Inc., said, “Together with Ambry, we will have the most comprehensive set of diagnostic technologies for mapping an individual's genetic and biochemical makeup." The companies expect to complete the necessary procedure for the deal by the end of October, 2017 and post which, Ambry will become a subsidiary of KMI while Ambry's business will be continued in the US.
Nintendo Co. announced the launch of a palmsized version of its hugely successful Super Famicom game console, in the Japanese market. The game which was originally launched in the year 1990 will be recreated as the 'Nintendo Classic Mini: Super Famicom' and it will be available with 21 preloaded titles including the immensely popular 'Super Mario World'. More popular games such as 'Platoon' are also expected to be launched soon. The revival model will have two controllers as the original model. The gaming console will be available from October 5th onwards for an expected street price of of 7,980 yen. The company will launch the recreated console in Europe and the United States on September 29th and in Australia on September 30th, 2017, prior to its launch in the domestic market.