Industry – Page 193 – channelnews

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Smartphone ODM Shipments Fall

Computer Daily News May 26, 2020 No Comments

TAIPEI: Digitimes Research has cut its global smartphone shipment forecast for 2020 to 1.15 billion units, down 15.4pc from 2019’s 1.36 billion on impacts from the coronavirus pandemic. Weak market…

Telstra 5G Hits 157Mbps – But US Operator Achieves 506Mbps

Computer Daily News May 26, 2020 No Comments

SYDNEY/LONDON: Telstra’s 5G service has been rated at an average 157 megabits per second (Mbps) in a UK-based survey of leading 5G nations by UK-based Open Signal. That’s slightly better…

Telstra 5G Rollout Undeterred By Coronavirus

Roma Christian May 26, 2020 No Comments

Local telco Telstra is reportedly ahead of schedule for the rollout of its 5G network, with the coronavirus pandemic said to not have hampered results. The news follows the launch…

Wesfarmers Tipped To Lament $3.6B Target Hole

Roma Christian May 26, 2020 No Comments

Wesfarmers-owned department store, Target Australia, is tipped to have accrued total write-downs, impairments and goodwill relocation of $3.65 billion since 2012 according to analyst estimates. Reported by the AFR, the…

ABS: Laptop Imports From China Surged During COVID-19 Lockdowns

Elise Reid May 26, 2020 No Comments

According to the latest trade figures from the Australian Bureau of Statistics (ABS), imports from China continued to recover in April from the declines that took place earlier in the…

Serious Questions Being Asked About Big W Future After Target Chainsaw Carve Out

David Richards May 26, 2020 No Comments

Serious questions are being asked about the future of Big W following the decision by Wesfarmers to take a chainsaw to Target in an effort to carve out a profitable…

Citi Analysts: ‘Target-To-Kmart Conversion Set To Boost Sales

Elise Reid May 25, 2020 No Comments

Citi analysts expect that Wesfarmers’ move to close unprofitable Target stores and convert other Target locations to Kmart stores will help to boost the group’s earnings. As such, Citi has…

ARA: ‘Retailers Need More Flexible Trading Hours’

Elise Reid May 25, 2020 No Comments

The Australian Retailers Association (ARA) is calling for greater flexibility when it comes to trading hours and penalty rates, in order to support the retail sector as it begins to…

Breaking NEWS:Westan Pick Up Denon & Marantz, Qualifi Gets Speakercraft

David Richards May 25, 2020 No Comments

Melbourne based distributor Westan has been appointed as the distributor for Denon and Marantz products in New Zealand. Sound United made the appointment earlier this month, former distributor was B&W…

Drone Deliveries In Canberra Surge 500%

Elise Reid May 25, 2020 No Comments

Wing, a drone delivery company that is owned by Alphabet, has been trialling its services in Canberra, and since February, the firm has recorded a 500% increase in its delivery…