Consumer Electronics

India is fastest growing smartphone market in Asia-Pacific

Source: 
Retail in Asia

India was the fastest growing market in Asia-Pacific for smartphones with a quarter-on-quarter growth of 27 percent in the third quarter of 2014. Research firm IDC said the growth can be attributed to the high festive demand.

IDC Asia-Pacific Quarterly Mobile Phone Tracker shows that the overall mobile phone market stood at 72.5 million units during the quarter, which is a 15 percent quarter-on-quarter growth and a 9 percent year-on-year growth.

Indian consumer electronic firms get tough with e-tailers

Source: 
Business Standard

The hue and cry over Flipkart's Big Billion Day Sale last month has prompted consumer electronic companies to take safeguards against deep discounting. LG, Samsung, Videocon, Sony and Panasonic have instructed their trade partners that products sold through online marketplaces without their knowledge during flash sales will not get the benefit of after-sale service and warranties.

 

Power Mac Center partners with university for Apple offerings

The Power Mac Center, an Apple's Authorized Education Reseller is collaborating with De La Salle University (DLSU) through opportunities that deliver a complete Apple experience to a wider audience.

With a store inside the DLSU campus, it gives convenient access to Apple technology and promotes a technology-empowered education system.

Power Mac Center Marketing Director Joey Alvarez said it is keen on helping educational institutions such as De La Salle University build their capabilities in this era of technology.

Xiaomi jumps to world's no. 3 smartphone vendor

Xiaomi is now the number three smartphone vendor in the world, next to Samsung (no. 1) and Apple (no. 2), research firm IDC reported recently.

The research firm said the company's focus on China and adjacent markets resulted in triple-digit year-over-year growth. Key to its success was the launch of its Mi4 smartphone in August, which was positioned as a high-end alternative to the status quo.

HTC looks to moderate sales growth in Q4

Source: 
DIGITIMES

HTC expects its revenues to grow 2.6-12.2 percent sequentially to TWD$43-47 billion (USD1.41-USD1.54 billion) in the fourth quarter of 2014.

Harvey Norman's profit still on the rise

Source: 
The Sydney Morning Herald Online

Harvey Norman's sales have grown in the three months to September, driving a 24 percent rise in pre-tax profit.

The retailer's sales totalled AUD1.41 billion in the first quarter of the financial year, up 3.2 percent on the same period a year ago.

Like-for-like sales, which exclude the impact of new stores and closures, were up 3.4 percent from a year ago.
 

Japan's Rakuten Inc launches cheap smartphone service

Source: 
The Malaysian Insider

Japanese e-commerce giant Rakuten Inc said it will offer a cut-rate smartphone service for about a third of the monthly fees charged by the country's three dominant operators, adding to increasing price competition in the sector.

Japan's smartphone services for light users are particularly expensive compared with other developed markets, prompting Rakuten and other firms such as retail giant Aeon and Internet Initiative Japan to offer new services by pairing with or becoming mobile virtual network operators (MVNOs).

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.

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