August 24, 2017

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Courts boosts profits in first quarter

South-East Asian IT and consumer electronics (CE) retailer Courts boosted after-tax profits 19% year-on-year to hit S$6.04m (US$4.27m) for its first quarter ending 30th June 2015. The results marked an improvement in margins as sales were up just 2.1% year-on-year at S$198.2m (US$134m). Courts plans to open its fourth store in Indonesia by the end of 2015. Read full story

by Stuart Wilson, Thursday 3 September 2015

Challenger profits rise in second quarter

Singapore-based retailer Challenger Technologies has announced second quarter 2015 sales of S$84.7m (US$60.3m), up 3% year-on-year. After tax profits for the quarter climbed 21% year-on-year to hit S$3.5m (US$2.5m). The increased profitability was due to the closure of Challenger’s loss-making Malaysian operation in the first half of fiscal year 2014. With these losses stripped out of the business, Challenger was able to record improved profit margins. Read full story

by Stuart Wilson, Wednesday 26 August 2015

INTERVIEW: Richard Huang, Trendnet

Technology and consumer electronics (CE) brands are preparing to take full advantage of this year’s DISTREE Asia-Pacific (APAC) regional channel event in Singapore. The opportunity to arrange meetings with senior executives and buyers from the region’s most influential distributors, retailers and e-tailers is a golden opportunity to open up new channels and accelerate sales across this fast-growing market. Networking vendor Trendnet has confirmed its participation. Channel APAC caught up with Richard Huang, general manager APAC at Trendnet, to get the lowdown on the company’s plans. Read full story

by Stuart Wilson, Tuesday 25 August 2015

Totolink to participate at DISTREE APAC

Networking vendor Totolink will look to further expand its channel reach through its participation at October’s DISTREE Asia-Pacific (APAC) event in Singapore. The three-day event allows brands to pre-schedule one-on-one meetings with senior executives and buyers from the region’s most influential distributors, retailers and e-tailers of technology and consumer electronics products. Read full story

by Stuart Wilson, Tuesday 25 August 2015

Haines takes on expanded role at Tripp Lite

IT infrastructure products vendor Tripp Lite has announced the appointment of Darwin Haines as its new senior VP of international business. Haines joined Tripp Lite in 2008 as VP of international business development. After successfully establishing the brand in the Russia & CIS market, he was promoted to VP of sales for EMEA and Asia. After success in these regions, he will now take on management responsibility of all Tripp Lite’s international sales territories, which also include Mexico, Latin America and Canada. Read full story

by Stuart Wilson, Friday 21 August 2015

Huntkey signs Savera in India

China-based Huntkey’s global channel development has continued with the appointment of Savera Marketing Agency as a national distributor in India. Huntkey claims that its tie-up with Savera will allow it to build reach in India’s ‘B’ and ‘C’ class cities through the distributor’s extensive in-country channel network. Read full story

by Stuart Wilson, Wednesday 19 August 2015

STM confirmed for DISTREE APAC

Bags, cases and accessories brand STM has confirmed its participation at DISTREE Asia Pacific (APAC) this October. The three-day channel event, which takes place in Singapore, will give the STM team a unique opportunity to meet face-to-face with senior executives from the region’s leading distributors, retailers and e-tailers. Read full story

by Stuart Wilson, Tuesday 18 August 2015

Yankon and Kii team up for smart lighting

Internet of Things (IoT) cloud platform provider Kii has teamed up with Yankon Lighting, an LED manufacturer, to launch next-generation IoT smart lighting solutions for homes and offices. The smart lighting products, which can be accessed through a smartphone, have adopted a system-on-a-chip solution provided by MediaTek. The new products will target consumer demand for a lower cost, comfortable, convenient, energy-efficient lighting system. Read full story

by Stuart Wilson, Friday 14 August 2015

Dick Smith to roll out ConnectedHome section in 100 stores

Retailer Dick Smith has set its sights on grabbing some consumer product sales related to smart homes and Internet of Things (IoT) solutions. During the next five months, Dick Smith will install a ConnectedHome section into 100 stores – 15 in New Zealand and 85 in Australia. The sections will stock small appliances with smart functionality. Dick Smith wants to grab 10% of the small appliance market in the region, which is estimated to be worth AUD1.7 billion (US$1.26 billion) per annum. Read full story

by Stuart Wilson, Friday 14 August 2015

Huntkey ties up with Costco in Australia

China-based Huntkey has boosted its retail channel reach in Australia, announcing an agreement with Costco Warehouse. The deal will see Costco Warehouse stock Huntkey’s SAC804 power strip in its stores. Costco is one of the largest warehouse retailers in Australia with a reputation for carrying quality national and regional brands at prices consistently below traditional wholesale or retail outlets. Read full story

by Stuart Wilson, Friday 14 August 2015

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