August 17, 2017

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Smart home revenues to hit US$100 billion in 2020

As big numbers go, it is certainly one guaranteed to get your attention. The numbercrunchers at Juniper Research reckon that global consumer spending on smart home services including entertainment, health, energy and home automation, will reach US$100 billion per annum by 2020. That’s more than double the US$43 billion estimated spend in 2015. Read full story

by Stuart Wilson, Wednesday 21 October 2015

WD to snap up SanDisk for US$19 billion

Storage giant Western Digital (WD) will splash out US$19 billion in cash and stock to snap up flash memory specialist Sandisk. WD claims that the deal is the next step in the transformation of WD into a storage solutions company with global scale, extensive product and technology assets, and deep expertise in non-volatile memory (NVM). Read full story

by Stuart Wilson, Wednesday 21 October 2015

Exertis expands presence in China

Exertis, a business-to-business and retail distributor, has announced the opening of newly expanded offices at Honglong Century Plaza, Shenzhen, China. The move forms part of Exertis’ strategy to increase its global presence. The recent investment in the China office aims to improve Exertis’ ability to help UK brands build and quickly develop a route to market in China and beyond, while also using Exertis’ local market knowledge to help them respond quickly to market changes in a rapidly evolving and dynamic economy. Exertis’ bespoke configuration services will help brands a tailor and build their solutions to meet the Asian market’s specific needs. Read full story

by Stuart Wilson, Wednesday 21 October 2015

GfK to deliver opening keynote at DISTREE APAC 2015

GfK is an official Event Partner at DISTREE APAC 2015 and will deliver the opening keynote at this year’s event. The GfK presentation, entitled ‘Technology Markets - How to Grow Business in 2015-2016’ will be presented by Dr. Rudi Aunkofer, Global Director IT, GfK Retail & Technology, on Wednesday 7th October at 14:20. DISTREE APAC 2015 takes place from 7-9th October at the Shangri-La Rasa Sentosa Resort in Singapore. Read full story

by Stuart Wilson, Friday 2 October 2015

Microsoft to present on IoT at APAC Smart Channels Summit hosted by CONTEXT

Carlos Lopes, general manager consumer channels at Microsoft APAC, will deliver a presentation as part of next week’s Smart Channels Summit, hosted by CONTEXT, at regional channel event DISTREE APAC in Singapore. The session from Lopes will focus on Microsoft’s activities and plans related to the IoT. Read full story

by Stuart Wilson, Friday 2 October 2015

Singapore retailer establishes Challenge Ventures

Singapore-listed Challenger Technologies has established a new subsidiary, Challenge Ventures, to focus on investing in companies and businesses to complement Challenger’s existing business. The company is prepared to inject up to SGD20m (US$13.95m) into Challenge Ventures if suitable investments can be identified. Challenger Technologies currently operates a chain of IT retail stores known as Challenger as well as lifestyle retail concepts such as audio specialty store Musica in Singapore. Read full story

by Stuart Wilson, Friday 2 October 2015

‘Make In India’ gathers steam as Gionee makes its move

China-based smartphone brands are heading to India as part of the country’s ‘Make In India’ programme designed to encourage local manufacturing of devices. Smartphone brand Gionee has announced a US$50m investment over the next three years to start producing mobile devices in India in association with manufacturers Foxconn and Dixon. Read full story

by Stuart Wilson, Monday 14 September 2015

Dick Smith reports full year figures

Retailer Dick Smith, which operates in Australia and New Zealand, posted sales for the year ending 28th June 2015 of AUD1.32 billion (US$920m) – up 7.5% year-on-year. After-tax profits before restructuring costs climbed 3.1% year-on-year to hit AUD43.4m (US$30.1m), representing a profit margin of 3.29%. Nick Abboud, Dick Smith managing director and CEO, said: “We are pleased to have delivered another solid underlying profit performance in this our second year as a listed company.” Read full story

by Stuart Wilson, Friday 4 September 2015

Meizu to increase presence in India

Fast-growing China-based smartphone brand Meizu plans to increase its presence in India. Li Nan, VP of marketing at Meizu, stated: “We are happy to announce our entry into India through the MX5 and look forward to playing a leading role in shaping the smartphone market here. For the next few months, after-sales services will be the key focus for Meizu.” Read full story

by Stuart Wilson, Friday 4 September 2015

Erajaya announces joint ventures in Singapore and Malaysia

Indonesia-based distributor and retailer Erajaya Group has announced joint ventures in both Singapore and Malaysia. Erajaya has formed a joint venture with Alphabright to set up Era International Network in Singapore. The company has also teamed up with Malaysian citizen Li Chau Ging to form Era International Network in Malaysia. The moves form part of Erajaya’s plan to expand its distribution and retail footprint in both countries. Read full story

by Stuart Wilson, Thursday 3 September 2015

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