David Richards – Page 121

BREAKING NEWS: Former Smeg CEO Appointed To Run Beko & Hitachi

David Richards March 27, 2025 No Comments

John Brown the former CEO of Beko has quit with former Sales and Marketing Director Jim Kalotheos taking on the role. Zafer Ustuner, CEO Arçelik Hitachi Asia Pacific, announced the…

Samsung Hit With $954M Fine For Knowingly Avoiding Taxes

David Richards March 27, 2025 No Comments

Samsung has been hit with a A$954 fine for avoiding taxes and what’s been described as “dodging” tariffs, the move follows an investigation of communication Companies operating in India. The…

LG Finds ‘Work around’ For Potential Trump Tariff Hit

David Richards March 27, 2025 No Comments

LG Electronics is likely to relocate some of its production from Mexico to the U.S as they desperately search for a way to reduce the impact of tariffs on products…

Shares In JB Hi Fi & Harvey Norman Climb After Budget, Claims Retailers Need More Help

David Richards March 26, 2025 No Comments

Shares in JB Hi Fi and Harvey Norman have both jumped higher today following the announcement of a massive ‘Buy a Vote” budget from the Federal Labor Government, days out…

COMMENT:Where Is The Audio Industry Going As Key Brands Wobble

David Richards March 26, 2025 No Comments

The rebuilding and transformation of the audio category is happening, the Premium Audio Company makers of Klipsch products has been sold, McIntosh the high end audio Company has been acquired…

Samsung CEO Dead After Heart Attack At 63

David Richards March 26, 2025 No Comments

Despite regular check ups by Samsung’s medical division, the CEO and Vice Chairman and the former head of the Companies mobile division has died of a heart attack, at 63.…

Monitor & PC Manufacturers Choosing Samsung OLED Over LG

David Richards March 26, 2025 No Comments

LG loves to brag as to how big they are in OLED TVs, but the reality is that arch rival Samsung is also a global leader in OLED display manufacturing…

Questions Over Why Directed Electronics Invested In Struggling Toys R US

David Richards March 25, 2025 No Comments

Questions are being raised as to why Melbourne based CE and appliance distributor Directed Electronics recently bought into struggling toy Company Toy’s R US with the purchase of 18.9% of…

OZ Could Benefit From Decision By Sony To Pull Out Of European Markert

David Richards March 25, 2025 No Comments

Australia could benefit following a decision by Sony to pull out of the European and UK projector markets according to local sources. The decision which relates to the supply of…

Samsung OZ At A Crossroads Where Do They Go Next As Chairman Claims They Have “Lost Their Unique Strength”.

David Richards March 24, 2025 No Comments

Domestically Samsung is struggling, with management taking an axe to the business in an effort to claw back last lost market share across multiple categories, key retailers recently admitted to…