David Richards – Page 262

The TV Market Is Struggling Samsung Consumer Boss Responds

David Richards April 4, 2023 No Comments

The TV market in Australia is saturated after consumers spent up big during COVID and into 2022, on a new generation of smart TV’s and because they were not spending…

AS TV Sales Slump Samsung Reveal 2023 Pricing

David Richards April 4, 2023 No Comments

Samsung has finally revealed their pricing for their 2023 TVs with the South Korean manufacturer still trying to clear warehouses full of 2022 TV’s. Among the range are new premium…

BREAKING NEWS: Sound Brand Marshall Sold

David Richards March 31, 2023 No Comments

Marshall, the big UK sound brand whose speakers are distributed by Melbourne-based Aqipa, has been sold in a deal worth A$598M Marshall Amplification has agreed to a takeover offer from…

After Potential TV Streaming Hijack Will Feds Go After Network Streaming

David Richards March 30, 2023 No Comments

COMMENT: Federal Communications Minister Michelle Rowland is planning to legislate in an effort to get TV manufacturers and owners of operating systems found on TVs such as Samsung’s Smart Tizen…

EXCLUSIVE: Leading Distributor Gets Out Of Appliances Business After Losses

David Richards March 30, 2023 No Comments

Sydney-based Shriro Holdings is getting out of the kitchen appliances business. The business lost the rights to Blanco, and then, after hiring former dumped Smeg Australia CEO Jim Kalotheos to…

BREAKING NEWS: Oppo Quits Several Countries, Is OZ Next?

David Richards March 28, 2023 No Comments

Chinese smartphone brand Oppo, whose distributor in Australia is bleeding losses and is highly leveraged in debt, has shocked the market with their exit from several key markets around the…

EXCLUSIVE: Rob Wilkinson Quits Ingram Micro For HP Gig

David Richards March 27, 2023 No Comments

Rob Wilkinson, the former boss of consumer at Toshiba where he worked for 26 years before joining Ingram Micro, is the new head of the consumer channel at HP. Wilkinson,…

Chinese brand Roborock Sucks Up Ex Huawei Execs For Oz Roll Out

David Richards March 26, 2023 No Comments

Roborock a new Company flogging Chinese robotic vacuum cleaners is looking to take on market leaders Ecovacs, iRobot and Dyson n Australia despite questions being raised about security issues associated…

Snap One Struggles, Still Bleeding Losses

David Richards March 24, 2023 No Comments

Snap One, the custom install business that also sells Control 4 systems in Australia, is still bleeding losses, with net sales also a problem for the business, along with slim…

BREAKING NEWS: Logitech Lays Off 300 As Market Gets Tough

David Richards March 23, 2023 No Comments

A tough trading environment has seen Swiss accessories manufacturer Logitech move to lay off 300 people as the business moves to restructure their global operation. Last month, UBS downgraded the…