December 13, 2017

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Chuango eyes APAC channel expansion

Innovative home security products vendor Chuango plans to accelerate its channel expansion in the Asia Pacific (APAC) region. Chuango is a confirmed exhibitor at DISTREE APAC, which takes place in Singapore from November 12th to 14th. The three-day channel event brings vendors face-to-face with senior buyers from the region’s leading distributors, retailers and e-tailers in one place at one time. Each participating vendor can pre-select and pre-schedule one-on-one meetings with top channel partners suited to their regional business development needs. Read full story

by Stuart Wilson, Tuesday 1 October 2013

Comguard extends Kaspersky rights to India

Dubai-based VAD Comguard has been appointed as a national distributor for Kaspersky in India. Under the terms of the deal, Comguard will distribute Kaspersky’s enterprise solutions across India. Comguard has been associated with Kaspersky as its regional distributor for corporate products in the Middle East region since 2006. Read full story

by Stuart Wilson, Friday 20 September 2013

Strong first half sales for Challenger

Singapore-based retailer Challenger posted sales of S$157.8m (US$125m) for the six months ending June 30th 2013 – a 22% year-on-year increase. The increase was primarily driven by sales growth of the retailer’s Singapore business. Net profits for the first half jumped 18% year-on-year to hit S$7.4m (US$5.9m). Read full story

by Stuart Wilson, Tuesday 17 September 2013

Courts prepares for Indonesia expansion

South East Asia ICT and consumer electronics (CE) retailer Courts is on course to have its first store in Indonesia operational by 2014. The retailer already has operations in Singapore and Malaysia with Indonesia marking the next step in its regional expansion plan. Terence O’Connor, Courts Asia’s executive director and group CEO, said: “We are excited by our progress in Indonesia, especially with the signing of the memorandum of understanding with Sinar Mas Land to develop our first two big box megastore outlets in the country with long term leases.” Read full story

by Stuart Wilson, Monday 16 September 2013

Cirkuit Planet buys 20% stake in My World Group

Accessories vendor Cirkuit Planet has snapped up a 20% stake in Chinese manufacturer My World Group as it looks to enter the smartphone and tablets market. My World Group has significant research and development capabilities and Cirkuit Planet believes the deal will also benefit its existing accessories and peripherals business. Read full story

by Stuart Wilson, Thursday 12 September 2013

Rashi Peripherals picks up Intel rights in India

Indian distributor Rashi Peripherals has added Intel to its vendor portfolio. Under the terms of the deal, Rashi Peripherals will push Intel’s complete portfolio and will look to open up new channels for the vendor. Rashi Peripherals has channel reach across 650 towns and cities in India through an extensive network of 59 branch offices across the country. Read full story

by Stuart Wilson, Monday 9 September 2013

Krusell joins Nokia accessory programme

Swedish case vendor Krusell has signed up as a member of the official ‘Works with Nokia’ accessories programme. The agreement allows Krusell to manufacture and market Krusell carrying cases under the ‘Works with Nokia’ label. Read full story

by Stuart Wilson, Friday 6 September 2013

Microsoft bets US$7.2 billion on Nokia deal

Technology giant Microsoft has bet US$7.2 billion cash on a deal to purchase Nokia’s handset business. The deal is expected to close in the first quarter of 2014. Microsoft reckons that buying Nokia lock, stock and barrel will allow it to accelerate sales of mobile devices running Windows Phone through faster innovation, plus unified branding and marketing. Read full story

by Stuart Wilson, Tuesday 3 September 2013

Rapid growth predicted for smartwatch shipments

The numbercrunchers at Juniper Research reckon that global smartwatch shipments will hit 36 million units per annum by 2018 driven by new multifunction device capabilities. Juniper’s crystal ball sees rapid growth for the nascent product category in the years ahead. For 2013, smartwatch shipments are expected to reach 1 million units. Read full story

by Stuart Wilson, Friday 30 August 2013

JB Hi-Fi reports full year results

Australia-based ICT and consumer electronics (CE) retailer JB Hi-Fi has reported sales up 5.8% year-on-year at AUD$3.31 billion (US$3.05 billion) for the year ending June 30th 2013. Sales for the second half of the fiscal year were up 10.3% year-on-year. JB Hi-Fi’s gross margin climbed to 21.5% from 21.1% and pre-tax margins inched up to 5.4% compared to 5.2% the previous fiscal year. Read full story

by Stuart Wilson, Monday 19 August 2013

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