One of Myer's most senior executives, Tony Sutton, says the department store chain is likely to keep shrinking the size of its electronics departments and devote more floor space to other categories because electronics sales continue to be soft.
Malaysian consumers are trading big sized tablets for 7-8.9 inch ones, while LTE models are gaining popularity.
These are among the trends that are driving the continued growth in sales of tablets in the country, according to the latest Retail audit data by GfK.
From January to June this year, over 625,000 units of media tablets were sold in the country, generating USD201 million in revenue. This represents an 18 percent surge in volume turnover compared to the same period in 2013.
Clevo is currently in talks with China-based Tencent and Alibaba, looking to establish partnerships to integrate the physical channel retail business with the online shopping business, according to Clevo CSO Andrew Lin.
Dick Smith will rachet up its private label offering by as much as 40 percent this year by introducing new product lines and launching electronic categories, such as security cameras, tablets and audio accessories, as it prepares to farewell its private equity owner, Anchorage Capital, which is looking to sell down its stake in the business.
Alibaba Group said it hopes to take a further step toward digital entertainment as it joined hands with home appliance maker Haier to launch a smart television set.
Liu Chunning, head of Alibaba's digital entertainment unit, said in a statement that online shopping is obviously a key feature on Haier's new TV model and special offers will also be available.
The world's biggest phone market is getting a lot tougher for Apple and Samsung.
China Mobile, the country's biggest carrier, is cutting subsidies by USD2 billion in a sign the industry is less willing to pay for expensive devices such as the iPhone and Galaxy S. That may accelerate growth for Chinese makers Xiaomi and Lenovo Group, which offer similar features for lower prices.
Optus, the biggest competitor to Australia's dominant telecommunications provider Telstra, has reported falling revenue and profit for the June quarter.
The disappointing result was driven by a drop in mobile subscribers, a fall in equipment sales and a reduction in its ability to charge consumers for terminating contracts.
More smartphone vendors have shifted focus to upgrading the front-end cameras of their new models, particularly adding the selfie functionality and related applications, according to industry sources.
Who is responsible for the 7 per cent fall in JB Hi-Fi’s share price? The real culprit is Apple.
More specifically, the fall in sales of Apple's iPad is the single biggest reason that JB Hi-Fi's revenue numbers were soft in the final quarter of 2014 and fell in July. The revelation was a shock to the market, sending some analysts back to their desks to downgrade the forecast earnings for 2015.
Apple's devices have never appeared on a Chinese list of products eligible to be bought with public money, state media quoted an official as saying, denying reports the US tech giant had been excluded from the latest line-up.
Reports said that China removed 10 Apple devices, including MacBook laptops and the iPad, from a government procurement list over security concerns.