DigiBee Microsystems (DGB), a privately held Indian company founded in March 2004, is in the business of designing, building and launching world-class mobile handset solutions. The Company was founded by repeat entrepreneur Suresh Dholakia and has built a good management team from various elements of the mobile value chain. DGB is headquartered in Bangalore, India with operations in Chennai, India and Shenzen, China. There are presently 120 people working in the company, primarily in technology development.
The Indian Market for mobile devices is one of the largest and fastest growing markets in the world. Current estimates put the number of mobile subscribers in India at 130 million and it is growing at five to six million new subscribers every month. This phenomenal growth rate has made India a focal point for many of the major device manufacturers in the world, with Nokia being the recognized leader.
Unlike China, which is the other rapid growth market in the world today for mobile devices, there are no local mobile handset reference design companies in the Indian market. The Indian market is unique and requires features and functions at a price point that is palatable to a local audience. We believe that there is an opportunity to create a world-class mobile device firm targeting the Indian market first and then using that platform to aggressively enter new markets.
To realize its vision, DGB is developing its own Mobile Platform Solutions (MPS), which includes its SOC (system on a chip) and handset software framework for its 2G and 3G products. The MPS is indigenously designed and developed providing DGB with the vital strategic edge for customizing the end products for target markets.