Industry – Page 191 – channelnews

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Nikon Struggling, 700 Jobs Slashed Profits Slump 88%

David Richards May 29, 2020 No Comments

Nikon the struggling Japanese camera Company has moved to slash over 700 jobs after the Company admitted that they are facing sustained losses because of the coronavirus pandemic, Several analysts…

ABS: Biz Investment Scales Back Despite Aid

Roma Christian May 28, 2020 No Comments

Local business investment decreased 1.6% during the March quarter, with RBA governor Philip Lowe saying it’s “entirely possible” the economic impact of COVID19 will not be as severe as initially…

LG Appoints Former Pana Exec, New Home Entertainment Manager

Elise Reid May 28, 2020 No Comments

LG Electronics Australia has appointed former Panasonic executive Joshua Marshall as the new General Manager for Home Entertainment. Previously, the position had been held by Damien Krotofil, who left LG…

Global NAND Flash Market Grows

Computer Daily News May 28, 2020 No Comments

TAIPEI: Revenues of the global NAND flash industry increased 8.3 percent sequentially to US$13.58 billion in Q1 due mainly to growth in demand for data centre applications. Market researcher DRAMeXchange…

Sony Smartphone Shipments Hit Low

Computer Daily News May 28, 2020 No Comments

TOKYO: Sony Mobile Communications saw quarterly smartphone shipments hit a 10-year low of 400,000 units in Q1 the Company quit the Australian market last year. This was despite robust sales…

Breaking News: News Corp Axe Over 100 Print Papers, Jobs Lost

Roma Christian May 28, 2020 No Comments

News Corp Australia has announced it’s ceasing over 100 print newspapers, with 14 titles to completely close, and hundreds of jobs made redundant as it pursues digital formats. The news…

Two-City Start For Telstra’s New 5G Portable Gadget

Computer Daily News May 28, 2020 No Comments

SYDNEY: Dying to try 5G communications, but don’t know where to start? Telstra may have just the answer, after this week launching what it claims is the first truly mobile…

Aussie Broadband Launches 1000Mbps NBN – With Qualifications

Computer Daily News May 28, 2020 No Comments

SYDNEY: Never one to miss a chance at delivering high-speed Internet, Morwell, Victoria-based Aussie Broadband says it plans to hitch a ride on NBN Co’s new 1000/50 gee-gee from tomorrow,…

Apple Adds To Its AI Acquisitions With Machine Learning Start-up

Elise Reid May 28, 2020 No Comments

Apple has just added another firm to its list of AI acquisitions, purchasing Canada-based Inductiv – a machine-learning start-up. Inductiv has developed AI technology that can identify and correct data…

David Jones Struggles, Stores To Be Sold, Network Shrunk, & Borrowings Extended

David Richards May 28, 2020 No Comments

David Jones is looking at more asset sales in an effort to reduce debt after a shocker start to 2020, parent Company Woolworths said that they will close some of…