Archos Unveils New Technology to Develop More Cheap Tablets
French company Archos has been making portable media players for more than 10 years, but in the last few years the company has made a name for itself in the low cost Android tablet space. Carving out a niche for itself in the low cost market with further plans for its next generation of Android tablets.
The Archos Gen 9 tablets will use 1.6 GHz dual core ARM Cortex A9 chips. Archos also plans to offer its first tablets with 3G mobile broadband connectivity in 2011. Like the company’s current offerings, the Gen 9 devices will have low cost designs featuring plastic cases over a stainless steel frame, and a choice of hard drives or solid state disks for storage.
Archos will also continue to push the Arnova brand for cheaper, “entry level” tablets which will be sold both under their own brand name and as white-label devices for other companies to rebrand and sell under different names. Archos plans to launch 6 new Arnova products this summer.
Archos just announced that their revenues are up 44% for 2010 sales compared to 2009 sales, to $118 Million in yearly sales. They also managed to increase their profit margins from 13.5% to 23.3%. In terms of actual profits after R&D, Marketing and other expenses, Archos is about break-even. Archos plans to more than double its revenues and profits in 2011, grabbing about 5% of the worldwide tablet market share expected in 2011. They plan to do that among other by launching Generation 9 in June, that’s only 3 months from now!