Industry – Page 380 – channelnews

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JB Hi-Fi Now Ranging TCL’s Tiny Palm Phone

Jack Gramenz August 26, 2019 No Comments

JB Hi-Fi has begun selling the TCL-backed “minimalist” Palm phone close to a year after it went on sale overseas. The phone has a smaller display than the original iPhone…

Isentia Books Loss On Writedown

Computer Daily News August 26, 2019 No Comments

Media monitoring and intelligence company Isentia Group has swung to a net loss of $34.3 million because of writedowns. Revenue for the financial year fell to $122.5 million from $137.14…

Huawei Warns 5G Ban To Cost Jobs

Computer Daily News August 26, 2019 No Comments

Huawei Australia said it will be forced to axe 50% of its local workforce due to its ban from working on Australian 5G networks and has resigned from peak industry…

Tech Sector In Trade War Turmoil

Computer Daily News August 26, 2019 No Comments

Australian technology stocks are expected to follow their US counterparts downwards when the ASX opens this morning following China’s decision to impose US$75 billion in new tariffs on US goods.…

WPP Owner Of Australia’s Biggest Tech PR Companies Reports 2,000%+ Fall in Profits As Clients Walk Away

David Richards August 23, 2019 No Comments

WPP AUNZ, the owners of some of Australia’s largest tech PR Companies have reported that profits have been smashed by over 2,000% as clients walk away from the giant marketing…

Kogan Co-Founders Sell Off 5% Of Shares

Jack Gramenz August 23, 2019 No Comments

Kogan co-founders Ruslan Kogan and David Shafer have sold off another $30 million worth of shares in the company, reducing their ownership by around 5 per cent. The 5.2 million…

LG Renews OZ E-Sports Team Sponsorship

Jan Arreza August 22, 2019 No Comments

LG Australia has announced its renewed partnership with one of Oceania’s most successful League of Legends team, LG Dire Wolves, as part of its ongoing commitment to the Australian e-sports…

The Reject Shop Post $17M Loss As CEO Search Continues

Jack Gramenz August 22, 2019 No Comments

Struggling discount retailer The Reject Shop has breached its financial covenants and posted an after tax net loss of $16.9 million as it continues to search for a new CEO.…

Hitachi Vantara Appoints New ANZ VP & MD

Jack Gramenz August 22, 2019 No Comments

Hitachi has announced the appointment of a new vice president and managing director for the Australia and New Zealand arm of its data systems company Hitachi Vantara. Former Royal Australian…

AusPost Profit Plummets Despite Record Revenue

Jack Gramenz August 22, 2019 No Comments

Australia Post has reported before tax profits of $41 million for the last financial year, plummeting two-thirds from the $126 million in profit the year before. Growth in the e-commerce…