IGB Eletrônica S.A.
The company designs and markets many product lines, including video (e.g. televisions, DVD players), audio, home theater, high end acoustics, office and mobile stereo, wireless, mobile/smart phones, and tablets for the Brazilian market.
Wiki English | |
Company type | Sociedade Anônima |
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B3: IGBR3 | |
Industry | Electronics |
Founded | 1964 |
Headquarters | Manaus, Brazil |
Key people | Eugênio Emílio Staub, (CEO) |
Products | televisions, flat panels, LCDs, plasma display, DVDs, hi-fi, home theater, portable audio, mobile phone, karaoke machines |
Revenue | US$ 588.2 million (2012) |
US$ 86.2 million (2012) | |
Number of employees | 18,400 |
Website | www www |
The company was founded in 1964. In 1993 they founded Playtronic, a fully owned subsidiary who licensed the manufacturing of Nintendo consoles in Brazil, and while publishing games for various systems they also provided Portuguese translations of some games (among them, South Park and Shadow Man for the Nintendo 64). However, they stopped the partnership with Nintendo in 2003 because of the high price of the dollar at the time.
In 1997, Gradiente established a joint venture with Finland-based telecommunications manufacturing firm Nokia, where they were granted the license to manufacture variants of Nokia mobile phones locally under the Nokia and Gradiente brand names.
In 2000, Gradiente, now legally known as IGB Eletrônica SA, filed for the brand name "iphone" in Brazil's INPI (National Institute of Industrial Property, the trademark authority). Only by 2008 the Brazilian government granted full brand ownership for Gradiente, and currently (since January 2012), the company is selling Android-based smartphones under this name. Until 2008 that trademark is fully owned by IGB Eletrônica SA, which released its Android-powered iphone neo one under the Gradiente brand. The iphone neo one is sold for R$ 599 (about US$287), a dual-SIM handset running Android 2.3.4 Gingerbread. It has a 3.7-inch, 320 x 480 display, a 700 MHz CPU, 2GB of expandable storage, Bluetooth, 3G, WiFi and 5 / 0.3-megapixel camera.
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