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Outsourcing News : Article

Collapse of the car industry weakens demand for navigation systems and GPS smartphones

The collapse of the car industry and consumers’ reassessment of their gadget habits has led to a decline in sales of navigation systems and smartphones with built-in GPS.

As a consequence, the business of Arobs Transilvania, software developer for mobile applications and GPS device distributor, was severely dented ever since the economic crisis set in.

“Even if certain business lines performed well, such as those dedicated to spending cutback, other were affected – distribution of navigation devices”, Voicu Oprean (photo), managing director of Arobs told Wall-Street.

The distributor’s first-half turnover stood at 3 million euros, up 10% from year-ago period.

The advance reflects the high demand for software products designed to spending cuts and increase in staff efficiency.

Read entire article on Wall-Street.ro

Posted: Friday, August 07, 2009

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