David Richards – Page 216

Demand For OLED TV’s Falling Fewer Units In 2024

David Richards November 1, 2023 No Comments

Demand for OLED TV’s is falling with LG Electronics set to ship fewer OLED TVs this year due to slowing sales of TV’s especially by manufacturers of third-party TV brands…

Harvey Norman Investors Concerned After $442M Buyback Announcement

David Richards November 1, 2023 No Comments

We all know that Gerry Harvey is worth billions, now questions are being asked as to what will happen to shareholder dividends, after his franchisee stores reported a 13.9% slump…

Ambertech Profits Slump Despite Increased Revenues

David Richards November 1, 2023 No Comments

Sydney based distributor Ambertech, has reported 9.4% increases in revenue to $4.2M due in part key contracts with the Sydney Opera house and Network Ten, despite the new contract’s profits…

Panasonic Consumers Sales Down 2% Profits Down 60%

David Richards October 31, 2023 No Comments

Panasonic sales of consumer products have fallen 2% due to the weak demand for consumer electronics and appliances, operating profit fell 60% from a year ago. Meanwhile demand for their…

Sony Moves To Sack Staff At Bungie As PlayStation Strategy Comes Under Pressure

David Richards October 31, 2023 No Comments

As Sony’s PlayStation console and software titles come under pressure the Japanese Company has moved to sack staff as the Sony gaming division struggles to deliver growth. Bungie, the Sony-owned…

Samsung Sales Of S23 Booming As iPhone Sales Falter

David Richards October 31, 2023 No Comments

Weeks out from the launch of the Samsung Galaxy S24 we can reveal that the current model has been a smash hit for Samsung with sales up22% on the prior…

LG Electronics Developing New Strategy To Take On Chinese Brands After Record Quarterly Sales

David Richards October 30, 2023 No Comments

LG Electronics Australian subsidiary is developing a new strategy to take on Chinese brands, which could see the South Korean Company move more to B2b and premium products next year.…

Retailers Face A Daunting Problem, Increase Sales Cop A Rate Rise

David Richards October 30, 2023 No Comments

CE and appliance retailers along with the likes of Bunnings are facing a double edge sword, on one hand sales have come back in September, resulting in analysts now tipping…

Bendigo, The Bank For The Ageing Facing Digital Problems After Hostile AGM

David Richards October 30, 2023 No Comments

Is Bendigo Bank, who we revealed last week was discriminating against high tech builders, who are today seen as being cutting edge and the future for Australia’s shortfall in housing,…

Firsr It Was Records Now We Are Going Back To Cassettes

David Richards October 30, 2023 No Comments

A return to playing casssettes and CD’s on a portable device, is on the cards with a number of distributors, set to show retailers a new generation of Bluetooth enabled…