Most of its mobile phones, which it sells only online, look like Apple’s iPhones — but are much cheaper. China’s Xiaomi, after having eaten into the US-based handset giant’s market share on home turf, has now set its eyes on India and plans to replicate its model here, too. Hugo Barra, who recently came from Android to join as Xiaomi’s vice-president, sounds quite resolute when he says his company’s model, with which it beat Apple in China, will help it garner volume market share in India, too.
Malaysian consumers are replacing their old-fashioned CRT televisions with flat panel TVs. From January to August this year, 823,000 sets of TV worth over USD440 million were sold in the country, according to GfK's retail audit report.
The research firm said the latest inclination among Malaysian consumers is to buy bigger sized and more technologically advanced TV sets such as those which are equipped with Internet-connectivity or 3D function, the main reason for the slight increment in average TV price from USD527 last year to USD530 this year.
Apple’s newest iteration of its famous tablet, the iPad Air, has sold out in Hong Kong two hours after the device first became available for orders online.
Taiwan-based digital multimedia software solution developer CyberLink began selling its products through retail chains in the US market, including Best Buy, Office Depot, Office Max, Staples, Target and Sam's Club, in the third quarter of 2013, and is expected to significantly increase its B2C sales revenues beginning 2014, company chairman Jau Huang said at an investors conference on 29 October.
Acer Inc. announced an upgraded version of its all-in one computer based on the Android operating system in Taiwan Wednesday that is designed to compete for the leading position in the market against Apple Inc.'s iMac.
Google is expanding the availability of its Internet connected eyewear Google Glass to more people, but not the general public just yet. Google Inc said on Monday that it is allowing the the 10,000 or so people who have been testing out its wearable computer to invite three friends each to buy Glass.
Finnish mobile phone manufacturer Nokia announced Tuesday a net loss of EURO91 million (USD125 million) in the third quarter as sales continued to spiral downwards.
Apple sold 33.8 million iPhones in the September quarter, up 26 percent from a year earlier, but not enough to prevent a third consecutive quarterly decline in earnings.
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Samsung Electronics Co announced on Friday that it had generated a record net profit of KRW8.24 trillion (USD7.76 billion) in the third quarter, thanks to strong smartphone sales and higher microchip prices.
Total revenue between July and September rose by 13.2 per cent year-on-year to 59.08 trillion won, while operating profit climbed 26 per cent to 10.16 trillion won.
The contraction of the IT market was attributed to declining notebook computer sales, which plunged more than 20% year-on-year. As a result, many retailers were carrying excess inventory and had low liquidity.
About 300 of the estimated 3,000 computer shops in Thailand have closed their doors this year, according to spokesmen for the information technology sector.