Consumer Electronics

Samsung is letting iPhone users trial its phones for USD1

Source: 
CNBC

Samsung is offering users of rival Apple's iPhone the chance to try out one of its latest flagship phones for just USD1 in a bid to lure customers away from Apple's device.

The South Korean electronics giant is billing the promotion as the "ultimate test drive" and it allows US customers to trial the dual-curved screen Galaxy S6 Edge, S6 Edge Plus and the Note 5 for with full cellular service for 30 days.

An activated SIM card with a voice and data plan hosted by a user's current carrier is included in the trial.

Phone retailers in Indonesia defy gloomy outlook

Source: 
The Jakarta Post

While consumers are becoming more concerned about their financial circumstances and spending outlook, phone retailers in Indonesia are still optimistic that their sales will improve in the second half of this year.

Hasan Aula, the CEO of phone retailer Erajaya Swasembada, said that he was optimistic that sales of gadgets would still grow as the decline in sales of certain phone products would usually be offset by rising sales in lower-price segments.

Dick Smith's underlying net profit rises 3.1pc to USD31.8m

Source: 
The Sydney Morning Herald Online

Shares in former Woolworths subsidiary Dick Smith have fallen more than 8 percent after the company pulled back on generous discounts on Apple products and missed out on the Federal Government's small business stimulus spending, leading to weaker than expected same-store sales growth in 2015.

Dick Smith delivered its third consecutive year of sales and earnings growth under new management, reporting a 3.1 percent increase in underlying net profit to AUD43.4 million (USD31.8m) in 2015 as solid growth in Australia offset a slump in New Zealand amid patchy consumer demand.

Branded smartphones lose their lustre in Thailand

Source: 
Bangkok Post

Thailand's branded-smartphone market has slowed to single-digit growth for the first time in four years due to unfavourable economic conditions and a saturated market, says Thai Samsung Electronics Co.

House-brand handsets have also eaten into branded smartphones' market share.

Samsung Electronics unveils high-end phones in search of sales boost

Source: 
CNBC

Samsung Electronics unveiled on Thursday a new Galaxy Note phablet and a larger version of its curved-screen S6 edge smartphone, marking a fresh bid by the South Korean tech giant to revive momentum in its handset business.

Samsung is the world's top smartphone maker but its market share fell in the second quarter when its critically acclaimed S6 models launched, squeezed by Apple's iPhones and price-competitive offerings from Chinese rivals such as Huawei Technologies.

Lenovo faces Motorola hangover, cuts 3,200 jobs as sales slide, profit tumbles

Source: 
Jakarta Globe

China's Lenovo Group will lay off 10 percent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant’s bet that a money-losing brand it bought for nearly USD3 billion will help it become a global smartphone leader.

Indian smartphone owners focused on price not features

Source: 
The Malaysian Insider

Within the next two years, India will have overtaken the USA as the world's second-largest smartphone market.

However, at the moment that growth is still being driven by affordable handsets and consumers finally ditching their feature phones for something with internet access, rather than by the online economy or connected lifestyles.

HTC trading below cash leaves a smartphone brand with no value

Source: 
The Malaysian Insider

A 60 percent plunge in HTC Corp.'s stock this year has pushed its market value to below its cash on hand. That means investors are effectively saying the smartphone maker's brand, factories and buildings are worthless.

At TWD47 billion (USD1.47b), HTC's market price is below the TWD47.2 billion cash it had at the end of June. A drop of as much as 9.8 percent in its stock Monday signals investors put no value on the rest of the company.

JB Hi-Fi net profit rises 6.3pc, announces USD11.1m share buyback

Source: 
The Sydney Morning Herald Online

JB Hi-Fi expects sales growth to accelerate in 2016 as the consumer electronics retailer capitalises on the small business stimulus package and buoyant housing market by adding small appliances to existing stores.

Treasurer Joe Hockey's small business stimulus package helped retailer JB Hi-Fi rack up its strongest like-for-like sales growth in four years, driven by businesses buying computers, printers and mobile phones to take advantage of investment write-offs before the end of the financial year.

Apple's no longer the top smartphone maker in China

Source: 
CNBC

After dipping for two quarters, Xiaomi reclaimed its spot as the top smartphone maker in China during the second quarter, beating Apple and Huawei, an analyst firm said on Monday.

Based in Beijing, China, Xiaomi grabbed 15.9 percent of the country's mobile market share, according to research firm Canalys' estimates.

Xiaomi can bask in the glow of victory for now, but it's under immense pressure to maintain its top position in the quarters to come, Jingwen Wang, analyst at Canalys, said in a note Monday.

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