Hyundai seems to be on a tear these days. After having some key moments in the automotive industry, it looks like they are about to invade the mobile phone market as well. And considering that they have gained the tag of being reasonably priced, this alone provides them a glimpse of possibly penetrating the mobile phone market by the end of spring.

If reports are accurate, they are targeting all competing brands and models in the mobile market, including the iPod and the iPhone. This and a lot more are in their list of corporate goals and Hyundai may just be the new kid on the block playing along with the big boys of the mobile solutions industry.

At present, Hyundai has some eight models currently available in Europe and plans to have another 10 to 15 available during the course of 2009. The hope is that can become a serious contender for a market share in the highly lucrative mobile communications business which is currently dominated by the likes of Sony Ericsson and Nokia.

(Source) Mobile Marketing

Tags: Business, Cell Phones, hyundai, iPhone, ipod, mobile communications business, mobile market, mobile marketing, mobile phone market, Nokia, Sony, Sony Ericsson