Industry – Page 476 – channelnews

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Is Gerry Harvey Set To Have Another Rant As Shares Hit $3.01

David Richards November 27, 2018 No Comments

Gerry Harvey could be hyperventilating this morning ahead of his AGM, as he watches his shares slump to end up at $3.01. When his shares hit $4.00, he came out…

Logitech Walks Away From Plantronics, Whose Year On Year Revenues Are Down

David Richards November 26, 2018 No Comments

Logitech has walked away from a US$2.1 Billion dollar deal to buy Plantronics who are facing a margin squeeze in the consumer gaming market. Logitech approached Plantronics whose revenues…

Foxconn Chief Denies Job Cuts

Computer Daily News November 26, 2018 No Comments

Foxconn Technology chairman Terry Gou says his company’s business will remain strong, at least until January, amid growing concerns over cooling demand for Apple’s flagship phones. A leaked memo from…

US Ups Ante-Huawei Push

Computer Daily News November 26, 2018 No Comments

The US Government is trying to persuade wireless and Internet providers in countries including Australia to avoid buying telecommunications equipment from China’s Huawei Technologies. The move would increase pressure on…

EXCLUSIVE: Powermove Boss Hits Out At Industry Speculation

David Richards November 26, 2018 No Comments

The CEO of Adelaide based Powermove Distribution, Crawford Giles has hit out at industry speculation that his Company is under pressure. In an email to ChannelNews following our story last…

Samsung Sorry For Factory Workers’ Cancer

Roma Christian November 23, 2018 No Comments

Ending over a decade long dispute, Samsung Electronics has publicly apologised to employees and families of those who developed cancer by working at its LCD and semiconductor factories. The world’s…

US Urges Allies To Drop Huawei Amid Security Saga

Roma Christian November 23, 2018 No Comments

The US government has reportedly embarked on an ‘outreach campaign’, urging foreign allies to ditch equipment and services from Chinese giant, Huawei, citing cybersecurity concerns. According to the Wall Street Journal, American…

HTC Not Leaving Mobile, New Phones Coming 2019

Roma Christian November 23, 2018 No Comments

Struggling Taiwanese manufacturer, HTC, has denied rumours it’s exiting the mobile business, following reports a new smartphone will launch later this year, and early 2019. According to Taiwanese trade publication, DigiTimes, HTC…

EXCLUSIVE: More Executives Quit Powermove, Brands Set To Be Next

David Richards November 22, 2018 No Comments

Adelaide based distributor Powermove has lost another senior executive the third in the last two months, the Company is also facing the loss of the Toshiba TV business and Philips…

Eaton Launch New ANZ Power Distribution Program

Roma Christian November 22, 2018 No Comments

Power management company, Eaton, has launched its new ANZ distribution partner program, in a bid to boost national presence and meet industrial, commercial and utilities demand. Eaton General Manager for…