Industry – Page 135 – channelnews

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Apple Stock Sinks Lower

Computer Daily News September 21, 2020 No Comments

SAN FRANCISCO: Apple’s recent unveilings of its latest technological achievements weren’t enough to stop the iPhone maker’s shares from plunging 22.6 percent on Wall Street on Friday, losing around US$532…

CE & Appliance Retailers Facing Triple Whammy This Christmas, Dan Andrew Slammed

David Richards September 21, 2020 No Comments

CE and appliance retailers are facing a triple whammy this Christmas with sales tipped to be impacted by a shortage of processors, distributors with no stock and major waterfront issues…

Scalpers Storm NVIDIA Store To Buy Out New GPU

Jake Nelson September 18, 2020 No Comments

Scalpers have snapped up massive numbers of the new NVIDIA RTX 3080 graphics cards, with some selling for hundreds or thousands of dollars above sticker price on eBay. Legitimate customers…

Big COVID Gains For Home Fitness

Jake Nelson September 18, 2020 No Comments

Home fitness companies are attracting plenty of capital during COVID-19, with two of them – Zwift and Tonal – recently raising a combined $650 million USD. Zwift specialises in “gamifying”…

Webcentral To Stay Aussie Owned

Jake Nelson September 18, 2020 No Comments

In a surprise turnaround, Melbourne-based Webcentral looks set to remain in Australian hands, with 5G Networks now the favoured offer to take over the company in an off-market bid. Directors…

Harvey Norman Expands Property Footprint During COVID-19

David Richards September 18, 2020 No Comments

Harvey Norman is planning a major property expansion according to Colliers International executives. The property Companies Mark Yazbeck revealed this week that Harvey Norman is planning a new retail, industrial…

Nintendo Ends 3DS Production

Jake Nelson September 18, 2020 No Comments

Nintendo has killed its successful 3DS family of handheld gaming consoles after nine years of production, leaving the Switch as its sole hardware focus. The manufacturer has quietly changed its…

Premium Appliance & CE Brands Set To Be Hit By Closure Of 10 David Jones Stores

David Richards September 18, 2020 No Comments

David Jones is set close up to 10 upmarket stores in a move that is set to impact brands and distributors selling appliances and consumer electronics. In the appliance market…

Telstra, Optus And Vodafone TPG, Facing Bleak Retail Future

David Richards September 17, 2020 No Comments

Carriers in Australia are facing a bleak future with Telstra, Vodafone TPG and Optus facing the real possibility that their future is not about retail but wholesaling communication services claims…

NSW Stadiums Given All-Clear To Increase Crowd Numbers

Jake Nelson September 17, 2020 No Comments

In good news for televised sport that could spur TV sales, NSW Premier Gladys Berejiklian has given the green light for major stadiums within the state to safely operate one-off…