September 22, 2017

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Rashi Peripherals updates on Apple availability

Indian distributor Rashi Peripherals, has announced it will start selling the new generation iPhone 8 and iPhone 8 Plus later this month. Customers will be able to pre-order iPhone 8 and iPhone 8 Plus beginning Friday, September 22nd, and both will be available in stores starting on Friday, September 29th. Read full story

by Stuart Wilson, Friday 15 September 2017

DISTREE APAC survey shows Malaysia leads regional Consumer Tech Channel Business Confidence Index

DISTREE Asia Pacific (APAC) has announced preliminary results from its 2017 APAC Consumer Tech Channel Survey. The survey showed that consumer tech distributors and retailers in Malaysia had the highest confidence levels in the region in terms of business prospects. Sri Lanka recorded the second highest confidence level, followed by Bangladesh in third, with India and Vietnam in fourth and fifth respectively. Read full story

by Stuart Wilson, Friday 1 September 2017

Courts reports first quarter results

Technology, electronics and furniture retailer Courts Asia has announced net profits of US$4.49m on sales of US$137.2m for the first quarter ending 30th June 2017. Courts’ profitability in Singapore remains strong and the company has opened two new stores in East Malaysia. Courts is working towards a minimum of five new stores each in Malaysia and Indonesia moving forwards. Revenues for the first quarter declined 4.5% year-on-year with profits falling 31%. Read full story

by Stuart Wilson, Thursday 31 August 2017

HCL Infosystems confirms Apple rights in India

Indian IT group HCL Infosystems has confirmed an agreement to distribute Apple products, including iPhones and other Apple products, in the Indian market. HCL Infosystems announced in July 2017 that it was in discussions with Apple regarding a distribution deal in India. Apple has existing distribution tie-ups with Ingram Micro, Redington, Rashi Peripherals and Beetel Teletech in India. Read full story

by Stuart Wilson, Wednesday 30 August 2017

INTERVIEW: Martina Kerbl, Ambi Climate

Ambi Climate will showcase the first smart accessory for air conditioners powered by artificial intelligence (AI) at DISTREE APAC 2017 in Singapore this November. On the back of a hugely successful crowdfunding campaign, Ambi Climate is now ready to identify the top distributors in the region to open new routes-to-market. Channel APAC caught up with Martina Kerbl, VP sales at Ambi Climate, to learn more about the company’s plans in Asia Pacific region. Read full story

by Stuart Wilson, Wednesday 30 August 2017

Indian distributor conducts GST awareness campaign

Indian distributor Rashi Peripherals recently concluded its unique goods and services tax (GST) PC campaign for partners. The ‘R U GST Ready’ campaign aimed at creating GST awareness among partners and assisting them in smooth transition to the new tax regime. Under the campaign, over 300 Champions of Rashi Peripherals spread across the country reached out to over 1000 outlets and assisted partners in upgrading their existing IT hardware to comply with GST requirements. Rashi Peripherals claims that it was the only distributor in India to start GST billing from July 1st. Read full story

by Stuart Wilson, Friday 11 August 2017

Rashi Peripherals eyes components growth in India

Indian distribution giant Rashi Peripherals recently concluded a training programme on components, designed to encourage the growth of ‘personalised PC’ offerings across India. Leading IT brands such as Toshiba, Asus, Intel, Western Digital and ADATA showcased their new offerings and also conducted in-depth training session on their latest product portfolio. Rashi also organised a training session on goods and services tax (GST) to educate attendees on the new tax regime in India. Read full story

by Stuart Wilson, Thursday 3 August 2017

TrackR raises US$50m funding

Item tracking solutions vendor TrackR has secured US$50m in Series B funding led by Steve Murray at Revolution Growth, with Foundry Group, Amazon Alexa Fund, DoCoMo Capital, The Glenmede Trust, and Bespoke Strategies also joining the round. The capital will aid the company as it continues creating reliable solutions to quickly find lost items while growing its global community of users. Prior to its Series B, TrackR has raised over US$10m from Foundry Group, Resolute Ventures, IncWell Capital, Orange Fab, Amazon Alexa Fund, and prominent angel investors. Read full story

by Stuart Wilson, Thursday 3 August 2017

Nuheara raises funds for retail expansion

Audio device brand Nuheara has successfully completed an institutional placement raising A$9m (US$7.15m) to fund the aggressive global retail expansion of its wearable audio device, IQbuds. ASX-quoted Nuheara’s IQbuds combines the features of a hearing device, a bluetooth earpiece and a noise cancelling headset. Investors will be issued shares at A$0.092 per share, which represents a premium of 2.8% to Nuheara’s 30-day volume weighted average share price. Read full story

by Stuart Wilson, Monday 24 July 2017

Synnex expands Fuji Xerox partnership

Synnex has expanded its Australian distribution deal with Fuji Xerox Printers and will now stock the brand’s entire range of products. Along with Fuji Xerox Printers’ retail solutions, Synnex will also now distribute the company’s entire product range, enabling Fuji Xerox Printers to expand its reach across the IT and systems integrator markets, opening up new channels. Read full story

by Stuart Wilson, Monday 17 July 2017

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