Consumer Electronics

China's "fake" Apple stores thrive ahead of new iPhone launch

The Malaysian Insider

On a bustling street in China's southern boomtown of Shenzhen, more than 30 stores carrying Apple Inc's iconic white logos peddle pre-orders for the new iPhone, a gadget that has become a status symbol among many better-off Chinese.

Many of the stores look just like Apple's signature outlets, right down to the sales staff kitted out in blue T-shirts bearing the company's white logo and the sample iPads and iWatches displayed on sleek wooden tables.

Local brands to dominate Indonesia's cellphone market

Jakarta Globe

Local cellphone brands, like Evercoss and Advan, are climbing up the food chain in Indonesia and have started eating up the market share of the top contender, South Korea's Samsung, as consumers' appetite for low-cost phones is growing amid a nationwide economic slowdown.

iPhone global launch includes China

Shanghai Daily

Apple's latest models, iPhones 6S and 6S Plus, will be available on the Chinese mainland the same day as their global launch on September 25.

Early indications suggest that the two models are expected to receive a warm response in the domestic market despite being released without any notable technology upgrades.

They are roughly the same size and will cost the same as the record-selling iPhone 6 and iPhone 6 Plus models which were released last year.

Cellphone distributor Erajaya upbeat about sales despite sluggish economy

Jakarta Globe

Publicly listed cellphone distributor and retailer Erajaya Swasembada is upbeat on achieving its sales target of IDR15 trillion (USD1.05 billion) this year, backed by a wave of budget smartphones from Taiwan and China pouring into Southeast Asia's largest economy.

Lenovo: We'll be a different company next quarter


Lenovo will be in a "very different" situation in terms of profit in the coming quarters as the Chinese technology giant implements a turnaround strategy amid a slowing PC sector and market turmoil in developing countries, the company's president said.

The world's number one PC maker saw profits plunge 51 percent year-over-year to USD105 million in the first fiscal quarter, a fall it attributes to "severe challenges" in key markets such as China and Brazil.

Cellphone distributor Erajaya opens flagship store in Jakarta's Depok

Jakarta Globe

Publicly-listed Erajaya Swasembada, a handset manufacturer, distributor and retail provider, opened doors on its biggest flagship store the southern outskirts of Jakarta on Thursday banking on the resilient purchasing power of Indonesian consumers.

Operating under the company's subsidiary Erafone Artha Retailindo, the Erafone Megastore Margo City in Depok covers a 600-square-meter area and offers over 14 brands of smartphones and tablets, according to a statement received by the Jakarta Globe on Friday.

Harvey Norman leaves door open for further capital returns to shareholders

The Sydney Morning Herald Online

After posting double digit profit growth for a second year in a row, veteran retailer Gerry Harvey has left the door open for further capital return to shareholders via handing back some of the retailer's AUD585 million (USD417.2m) in franking credits.

Harvey Norman, the nation's largest white goods and homewares retailer, gave shareholders a final payout of 11¢ a share on Friday, well ahead of expectations of 9¢, after lifting net profit by 26.6 percent to AUD268.1 million. Mr Harvey said there may be more to come.

Chinese smartphone market expected to cool this year, says report

The Business Times

The once-hot smartphone market in China is expected to cool this year, growing a meager 1.2 percent, according to a report released on Tuesday.

The China smartphone market grew 19.7 percent last year and accounted for nearly a third of all new handsets shipped, according to the International Data Corporation's Worldwide Quarterly Mobile Phone Tracker report.

Samsung is letting iPhone users trial its phones for USD1


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

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.

Syndicate content