Samartha Nagabhushanam Appointed Managing Director for Kyocera Wireless India
BANGALORE - (May 26, 2004) – Kyocera Wireless Corp., a leading global manufacturer of CDMA wireless handsets and telemetry modules, today announced that Samartha Nagabhushanam has been appointed managing director of Kyocera Wireless (India) Private Limited (“KWI”). Nagabhushanam was formerly director of engineering for the Bangalore-based subsidiary of Kyocera Wireless Corp.
“Samartha continues to demonstrate innovative leadership for Kyocera Wireless in India, and his expertise and responsibilities are now more accurately reflected as managing director of KWI,” said Tsuyoshi Mano, president of Kyocera Wireless Corp. “His knowledge, leadership and strategic management remain vital to positioning Kyocera as a brand of choice in the global handset industry.”
Kyocera Wireless (India) Private Limited was established as a subsidiary of Kyocera Wireless Corp. in September 2003 and currently employs more than 130 people. KWI’s strong engineering team is complemented by a sales group that has provided handsets to India’s four largest CDMA carriers: Reliance, Tata Teleservices, BSNL, and MTNL. Kyocera also assembles phones in India through a partnership with XL Telecom.
India is one of the world’s fastest growing wireless telecommunication markets. According to analyst firm Strategy Analytics, the wireless subscriber base grew from approximately 28.7 million in 2003 to nearly 48 million in 2004, a number that is expected to triple by 2008.
About Kyocera Wireless Corp.
Kyocera Wireless Corp. is a leading supplier of innovative, feature-rich CDMA wireless devices and accessories for customers worldwide. Kyocera Wireless maintains an operating belief in the genius of simplicity and strives to make the wireless experience as simple and intuitive as humanly possible. The company is a wholly owned subsidiary of Kyocera International Inc., which acquired QUALCOMM Incorporated's CDMA consumer wireless phone business in February 2000. Based in San Diego, the company is ISO-14001 and ISO-9001 certified and has won city, state and federal awards for its environmentally friendly manufacturing and recycling practices. For more information, please visit www.kyocera-wireless.com.
Kyocera Corporation, the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of advanced ceramics. By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of telecommunications equipment, semiconductor packages, electronic components, cameras, laser printers, copiers, solar energy systems and industrial ceramics. During the year ended March 31, 2004, Kyocera Corporation's consolidated net sales totaled approximately US$11 billion (JP¥ 1,140,814 million) with net income of approximately US$655 million (JP¥ 68,086 million).
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Kyocera Wireless Corp.
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