Consumer Electronics

Xiaomi defends its smartphone business model

Source: 
The Wall Street Journal Online

Chinese smartphone maker Xiaomi Inc. said its international expansion plans are dictated by choosing markets where its low-cost business model will work well and not by avoiding areas of potential intellectual-property-litigation risk sweeping across the smartphone industry.

To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall Street Journal Online.

 

JB HiFi on track to meet sales target

Source: 
The Sydney Morning Herald Online

It has been a slow start to the financial year for consumer electronics retailer JB Hi-Fi with sales down on a year ago.

New chief executive Richard Murray said comparable sales to 26 October were down 2.1 percent between July and 26 October.

Mr Murray said the retailer expected to meet its previous guidance of AUD3.6 billion (USD3.19b) in total sales this financial year. Based on the forecast, JB Hi-Fi expects sales to rise 3.4 percent in 2014/15 compared to 5.3 percent last year.
 

Power Mac Center launches loyalty card

Celebrating its 20th anniversary, the Power Mac Center, an Apple Premium Reseller in the Philippines, launched its most awaited loyalty program 1 Infinite Card.

Designed to offer many benefits to consumers, 1 Infinite Card allows customers to earn points every time they purchase any product. Accumulated points can be used to purchase products and services at any Power Mac Center branch.

ASUS Philippines opens 5th concept store in SM Bacolod

Just in time for the world-renowned Maskara festival in Bacolod City, ASUS Philippines has launched its fifth concept store featuring all ASUS products from desktops, notebooks, all-in-ones to mobile and tablets.

ASUS Country Manager George Su graced the opening ceremonies, ribbon-cutting and showcase of products at the second floor of SM Cyberzone.

The new version of the ASUS Transformer Book T100 Multi-Color is the key highlight of the store and also the Zenfones and Fonepad 7.

Pre-paid cards, gadgets most preferred corporate gifts in India

Majority of companies plan to increase their budget for festive spending and corporate gifting both for clients and employees by about 10-15 percent this Diwali, according to a just concluded survey conducted by The Associated Chambers of Commerce and Industry of India.

The survey found that most firms have plans to substitute traditional gift options with Diwali exclusive pre-paid cards, which seems to be emerging as the most preferred gifting solution for corporate sector.

China's Gome says profit in first 9 months up 70pc

Source: 
Shanghai Daily

Gome said profit in the first nine months this year rose 70 percent with its multi-channel strategy beginning to revive sales and performance.

The Hong Kong-listed home appliance retailer's comparable store sales in the first three quarters are expected to rise about 6 percent, according to an initial earnings report, Gome said in a statement.
 

124m smartphones sold in Southeast Asia in past 12 months

Total smartphones sales in the last 12 months in seven Southeast Asian markets nearly 120 million units, reflecting a 44 percent increase in volume and 24 percent increase in value compared to the same period a year ago.

Big demand at iPhone 6 China launch but queues smaller than before

Source: 
Shanghai Daily

Apple Inc. started delivering the iPhone 6 to the Chinese mainland yesterday, with the latest Apple model available through Apple stores, telecoms companies and online shops. The 64-gigabyte iPhone 6 Plus model seemed to be the most popular choice in Shanghai, quickly selling out at some online outlets.

New iPads aim to help Apple regain tablet momentum

Source: 
Shanghai Daily

Apple, facing tough competition in the tablet market, on Thursday unveiled a new line-up of iPads that feature its mobile payments system and include the fingerprint unlock used on iPhones. The California tech giant said its new iPad Air 2 would be thinner than its rivals, with upgraded graphics power and other features.

 

Tesco unveils second generation tablet hudl2

UK supermarket Tesco unveiled on Friday Hudl2, the second generation of its Android tablet released last year, and promises to be bigger, faster and sharper.

The new tablets have 8.3 inch full HD screen, Dolby optimised audio, and powered by an Intel Atom super-fast 1.83GHz quad-core processor. Available in eight colors, the tablet runs on Android’s Kitkat 4.4.2 so users can also enjoy access to over one million Google apps.

The gadget sells for GBP129 (USD), but Tesco's Clubcard customers can also purchase it through Clubcard Boost for GBP65 (USD).

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