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.
From a hardware perspective, the Fire Phone carries a bill of materials (BOM) low enough to allow Amazon to cut a profit for each smartphone sold. But with Amazon likely having sunk large amounts of money into developing the Fire Phone's unique features, the company must sell large volumes to recoup its investment, according to IHS.
China's upstart smartphone maker, Xiaomi, has overtaken Samsung as the biggest smartphone vendor in China, intensifying pressure on the South Korean technology company.
In the second quarter of this year, Xiaomi took a 14 percent market share in volume China – the world's largest smartphone market – knocking Samsung off the top spot for the first time since the end of 2011, according to research by Canalys.
Apple TV sales slowed down to a 12 percent annual growth rate at an estimated 1.9 million units sold in the second quarter of 2014, according to Strategy Analytics Connected Home Devices (CHD) service report.
Strategy Analytics estimates that Apple TV market share in the OTT Streamer segment has fallen about 10 points from 38 percent in 2012 down to 27 percent in 2014.
OTT Streamer shipments are forecast to rise 54 percent in 2014, reflecting strong demand for affordable delivery of OTT content on TV screens.
Central retail is revitalizing its nationwide chain of Powerbuy stores with American design firm Whitespace.
As retailers are under increasing pressure to compete for their customer’s limited attention, and must provide more engaging experiences to retain their customer’s loyalty, the design firmrecommended the development of a cutting edge, consumer-centric, experience oriented lifestyle retail concept.
China's Suning Commerce Co posted its first half-year loss since it went public in 2004 after online expansion put a dent in profit.
Losses in the second quarter reached CNY315 million (USD51m), an improvement from the CNY434 million (USD70 million) loss in the first three months, the company said in an earnings release on Thursday. Revenue in the first half was down 7.87 percent from a year ago to CNY51.1 billion.