South Korea s three mobile operators - SK Telecom, KT and LG Uplus - have released their latest operational data for the quarter ended March ----. This has enabled BMI to review and update, where appropriate, forecasts for all sectors in this report. ...Furthermore, mobile virtual network operators are on track to be introduced in H---, and we expect their entry to help lower tariff rates and capture niche and untapped markets. The Korea Communications Commission (KCC) has recognised the potential of near field communications and has roped in stakeholders - mobile operators, handset equipment manufacturers, financial institutions, billing service providers and government organisations - to form the Grand NFC Korea Alliance. We believe that this move to bring rivals onboard is largely to eliminate the issue of different technological standards that are not compatible, and to ensure the entire industry moves in the same direction while the market is still in its infancy. ...Meanwhile, we see disinflation taking hold in South Korea as headline consumer price inflation (CPI) eased to -.- y-o-y in May from -.- in April, the second straight month of deceleration. We expect inflationary pressures easing gradually in the coming months, which should translate to the KCC allaying pressure on South Korean mobile operators to reduce tariff rates.
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This quantitative analysis provides a fascinating glimpse into auditor tenure and financial officer turnover since the financial crisis of 2008. Over 18 pages of charts and tables measure the impact on the Russell 3000.
Chrysler sales jump in February Car sales continued to be a strong indicator of American economic improvement, as the industry showed notable growth since the economic downturn.
Chrysler Group, LLC, is one of the major beneficiaries of this, as a report from the company noted that it had approximately 154,866 units sold during February, 11 percent higher than the 139,015 units sold during the same month last year. The last time a February had such a solid sales month was in 2007.
Multiple brands had sales skyrocket during the month. The report showed that the Jeep brand experienced a sales boost of 47 percent in February, as its Grand Cherokee model had an increase of 34 percent.
"The severe weather has been ideally suited for our legendary Jeep 4x4 capability as Jeep brand sales were up 47 percent and the brand had its best February sales ever," said Reid Bigland, head of U.S. sales at Chrysler Group, LLC. "Overall February was another solid month for Chrysler Group as our total sales were up 11 percent and we achieved our 47th-consecutive month of year-over-years sales growth."
The Ram truck brand had a 26 percent gain in sales during February, marking 46 straight months of higher sales compared to the same month during the previous year, the report showed. Chrysler brand vehicles had a 1 percent sales rise in February, while FIAT rose 5 percent compared to February 2013.
Prices improve across industry
Chrysler was not the only company to have success in February. According to a report from Kelley Blue Book, the average price for vehicles sold in February was $32,160. This was 1.9 percent, or $587 higher than February 2013, however, it was 0.2 percent lower than January's level.
"In particular, Honda is seeing the greatest increase this month , thanks to strong numbers from its Acura brand, including the MDX, which jumped 10 percent in February," said Karl Brauer, senior analyst for Kelley Blue Book. "Chrysler also revealed higher transaction prices, up nearly 4 percent from last year, on its larger mix of Jeep products and smaller share of Dodge, with the RAM brand also driving the manufacturer's gains."
Chrysler experienced an average sales price of $31,753 in February, which was 3.9 percent higher than the same point in 2013, the report added. It was still 1.7 percent lower than January's level.