2016 Would be the Year of Emerging Markets

During the ‘Year End Thought Leadership Conference 2015’ on Thursday, Country Manager for Intel Pakistan Naveed Siraj informed journalists that with Asia Pacific and Japan leading innovation, 2016 would be the year of developing markets.

2016 Would be the Year of Emerging Markets

In 2016 emerging markets will be the main center of attention for the California-based technology giant Intel, which manufactures semiconductor chips for computing devices and gets $53 billion in revenues.

“Over the next year, Intel’s goal will be to expand the stack of two-in-one offerings and improve affordability across different price points. In the meantime, feature phones – and increasingly, low-cost smartphones – will remain a vital entry point to technology in these markets.”

It revealed.

The company informs that personalization of the computing knowledge through sight, sound, and touch is another important trend that will develop in 2016. The outlook for digital diffusion is also encouraging, as the scope of 3G, 4G and 5G networks has increased inspiring more customers to buy mobile phones.

“We see a lot of traction towards the telecom sector, especially after 3G and 4G technology was rolled out in the country.”

The cellular operators are trying to find new revenue streams to monetize the progress in mobile broadband, said the Intel Pakistan’s chief.

Talking about desktop computers, Siraj said:

“PC shipments have remained fairly stable this year, so it would be wrong to say that desktop is dying. Yes, the form factor is shrinking as PCs are finding new form factors.”

While giving an example, Siraj said that almost 80% of televisions and other displays are now available with HDMI-supported technology. They can be transformed to a wholly working PC through Intel Compute Stick, he further added.

In Pakistan, Intel’s operations are restricted to the purpose of marketing and sales and whether the company will start manufacturing in the country still remains a question mark.

Naveed Siraj said:

“In order to bring indigenous manufacturing to Pakistan, there is a need to develop critical mass. That is we need skilled human resource and that, too, in large numbers. We need engineers who believe in innovation and policies that encourage innovation.”

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