TeleNav 2013 Annual Report Download - page 18

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Table of Contents
We compete in the location services market and our primary competitors include location service providers such as Apple, Google, Microsoft,
Nokia, TeleCommunication Systems, or TCS, through its acquisition of Networks in Motion, or NIM, Intel Corporation, or Intel, through its
acquisition of Telmap Ltd., or Telmap, and TomTom; PND providers such as Garmin Ltd., or Garmin, and TomTom; integrated navigation mobile
phone providers such as Garmin and Nokia; and providers of Internet and mobile based maps and directions such as AOL Corporation, or AOL,
Apple, Mapquest, Inc., or Mapquest, Google, Microsoft and Yahoo!, Inc., or Yahoo, Yelp Inc., or Yelp, Foursquare Labs, Inc., or Foursquare, and
Fullpower Technologies, Inc. (MotionX), or Fullpower.
We compete in the automotive navigation market with established automobile manufacturers and OEMs and providers of on-board navigation
services such as Robert Bosch GmbH, or Bosch, Garmin, TomTom and NNG LLC, or Nav N Go, as well as other competitors such as Google,
Microsoft and TCS.
We compete in the advertising network services business with mobile platform providers, including Google, Apple, and Millennial Media, Inc.,
or Millennial Media, among others.
Competition in our market is based primarily on product performance including features, functions, reliability, flexibility, scalability and
interoperability; wireless carrier relationships; technological expertise, capabilities and innovation; price of services and products and total cost of
ownership; brand recognition; and size and financial stability of operations. We believe we compete favorably with respect to these factors based
upon the performance, reliability and breadth of our services and products and our technical experience.
Some of our competitors and potential competitors enjoy advantages over us, either globally or in particular geographic markets, including with
respect to the following:
Our competitors’ and potential competitors’ advantages over us could make it more difficult for us to sell our navigation services and
advertising network services, and could result in increased pricing pressures, reduced profit margins, increased sales and marketing expenses and
failure to increase, or the loss of, market share or expected market share, any of which would likely cause harm to our business, operating results and
financial condition.
Employees
As of June 30, 2013, we employed 682 people, including 480 in research and development, 93 in sales and marketing, 38 in customer support
and data center operations and 71 in a general and administrative capacity. As of that date, we had 308 employees in the United States, 371 in China
and three in Brazil. We also engage a number of temporary employees and consultants. None of our employees is represented by a labor union or is a
party to a collective bargaining agreement.
Executive Officers of the Registrant
The following table sets forth the names, ages (as of June 30, 2013) and positions of our executive officers:
13
•
significantly greater revenue and financial resources;
•
stronger brand and consumer recognition in a particular market segment, geographic region or worldwide;
•
the capacity to leverage their marketing expenditures across a broader portfolio of products;
•
access to core technology and intellectual property, including more extensive patent portfolios;
•
access to custom or proprietary content;
•
quicker pace of innovation;
•
stronger wireless carrier, automotive and handset manufacturer relationships;
•
more financial flexibility and experience to make acquisitions;
•
lower labor and development costs; and
•
broader global distribution and presence.
Name
Age
Position
Dr. HP Jin
49
President, Chief Executive Officer and Chairman of the Board of Directors
Michael Strambi
51
Chief Financial Officer and Treasurer
Salman Dhanani
40
Co-General Manager Automotive Business and VP Strategic Partnerships
Loren Hillberg
55
General Counsel and Secretary
Dariusz Paczuski
47
General Manager Consumer Business and VP Corporate Marketing
Hassan Wahla
41
Co-General Manager Automotive Business and VP Business Development