Google Inc (NASDAQ:GOOGL) is heavily focusing on expanding its mobile grasp after the tough competition it is getting from the competitors like Facebook. In a program on CNBC, Caesar Sengupta, VP, Product Management said that the company has launched a new program to increase the mobile usage in the emerging markets. This program is named as ‘Android One’ by Google Inc (NASDAQ:GOOGL). Google Inc (NASDAQ:GOOGL) wants everyone to use a smartphone and it is making a diverse development and expansion in the areas where people have accessibility problems.
Sengupta said that Google Inc (NASDAQ:GOOGL) wants to mine out the next billion users from the emerging markets. For that, Google Inc (NASDAQ:GOOGL) is spending billions to give a platform where the local talent could thrive. He said that Google Inc (NASDAQ:GOOGL) is always an ecosystem player. The company has strong partnerships with the local and international hardware vendors, developers and marketers to get the best out of its program.
Sengupta said that Google Inc (NASDAQ:GOOGL)’s products and services are being used by billions around the world. He denied to answer the comment from Yahoo’s CEO about the social media failure of Google. Sengupta said that the next big thing is mobile. There are still millions of people who have never used a smart mobile device. Google Inc (NASDAQ:GOOGL) wants to tap into the areas that are still untouched apart from investing in the high-tech areas like Cloud, wearable, drones and healthcare. Sengupta dodged a question about social media product failure of Google Inc (NASDAQ:GOOGL).
David Tepper’s Appaloosa Management Lp owns around 600,000 Google Inc (NASDAQ:GOOGL) shares.
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