Samsung Chairman Admits To South Korean Court That Samsung ‘Is In Trouble ‘& That He Needs To Be Out Of Prison
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November 27, 2024
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The Chairman of Samsung Lee Jae-yong, in what is seen as a ‘desperation’ move to win freedom, has finally admitted in a... Read More
Haier Appliance Profits Soar As Revenues Climb, New OZ Developed Energy Washing Machine Contributing
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May 14, 2024
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As appliance brand including Electrolux and LG Electronics struggle to grow revenues in both Australia and worldwide, Chinese appliance brand Haier has... Read More
Samsung’s Q1 Profit Soars
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April 5, 2024
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Samsung Electronics posted a handsome Q1 2024 preliminary operating profit of about 6.6 trillion won (approx. A$7.4 billion). It beat analysts’ predictions... Read More
Key Harvey Norman Partner Delivers Shocker Result
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February 23, 2024
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Key finance partner of Harvey Norman, Latitude Financial, has delivered a shock result, reporting a catastrophic 338% drop in after-tax profits. The... Read More
Spotify Struggles To Make A Profit, Why?
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January 22, 2024
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Spotify is the leading music streaming platform, with around 600 million users, twice the market share of the next largest competitor, and... Read More
David Jones Sales Slow, Luxury Spending Continues
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August 31, 2023
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Chief Executive of David Jones Scott Fyfe claimed trading remains positive with consumers continuing to invest in luxury brands, even though sales... Read More
Margin Erosion Hurts Lenovo As Revenues Fall
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August 17, 2023
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Lenovo Group has reported a 66% fall in net income with the Intelligent Devices Group that sells PC’s tablets, smartphones and other... Read More
TSG Sues Disney Over Breach of Contract
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August 16, 2023
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TSG Entertainment is in the midst of suing Twentieth Century Fox and Disney for alleged breach of contract, claiming it was deprived... Read More
Telstra Profits Leap 26 Per Cent After Optus Data Breach
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February 16, 2023
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Telstra are up for a higher interim dividend, after their profits jumped 26 per cent to $934 million following the Optus data... Read More
Garmin Admits Profit Will Drop In 2020
Garmin Australia who last reported a $4.4 million profit on revenues of $176 million are facing several challenges including Coronavirus supply issues... Read More
