Industry – Page 113 – channelnews

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BREAKING NEWS: Senior Sony Executive Exits Suddenly Now Questions As To Why

David Richards November 18, 2020 No Comments

EXCLUSIVE: Another senior executive of Sony Australia, has suddenly parted Company with the Consumer Electronics business with insiders claiming he was “There one minute gone the next”, another claimed he…

EXCLUSIVE: Black Friday Sales Face Discount Problem Due To ‘Chronic’ Stock Shortages

David Richards November 17, 2020 No Comments

Retailers are reluctant to give away discounts in Black Friday sales because of chronic shortages of stock while suppliers are being “screwed” by freight Companies with massive hikes in shipping…

Cellnet On A Roll Sales Up 18%, Profits 410% As Demand For Accessories & Gaming Soar

David Richards November 16, 2020 No Comments

Brisbane based distributor Cellnet has reported an 18% jump in revenues driven by COVID-19 and demand for smartphone accessories, profit is up 410% year on year. The turnaround comes after…

Fletcher Unveils 5G Initiative

Computer Daily News November 16, 2020 No Comments

CANBERRA: As part of the Government’s 5G Innovation Initiative, it has released a discussion paper calling for input from interested parties. The initiative is said to be part of the…

Apple Beaten Up By Samsung As Demand For Galaxy Android Smartphones Soar

David Richards November 16, 2020 No Comments

Samsung is beating up Apple in its home market South Korean where the Galaxy smartphone maker has over 70% share of the local market. In the last quarter Apple share…

Panasonic Shakeup New Executive At The Top

David Richards November 16, 2020 No Comments

Panasonic is heading in a new direction with a shakeup of management at the top of the Japanese powerhouse as the business embraces structural reform with a big emphasis on…

Owner Of Bunnings, Officeworks & Kmart Questioned Over China-Made Stock Levels

David Richards November 13, 2020 No Comments

The head of Wesfarmers, the owner of Officeworks, Bunnings, Kmart & and Catch, has warned that any move to limit the acquisition of goods from China will cause problems after…

Bunnings, Officeworks And Catch Fuel Wesfarmers COVID Success

Jake Nelson November 12, 2020 No Comments

Bunnings and Officeworks have delivered strong results for Wesfarmers to start the financial year, with each growing around a quarter in the year to date. Bunnings, Wesfarmers’ biggest business, posted…

RECALL: Ring Video Doorbells Catching Fire

Jake Nelson November 12, 2020 No Comments

Amazon has recalled tens of thousands of Ring video doorbells, warning that incorrect installation can cause them to catch fire. The second-generation doorbells, model number 5UM5E5, risk overheating when the wrong…

Toll’s Global Express Worth $3.2bn, Says Japan Post Bankers As They Flog It

Jake Nelson November 11, 2020 No Comments

Leaked papers have described Toll Group’s Global Express unit as a $3.2 billion business, as owner Japan Post seeks to offload it. In a sales pitch from Japan Post bankers…