Budget smartphone sales have risen significantly in Vietnam following the narrowing price gap between mobile phones and smartphones.
Handsets costing VND2 million (USD94) to VND4 million (USD189) have become more popular. The low-end market, particularly in rural areas, is driving sales growth, traders say.
Chinese and Vietnamese budget smartphones, which offer high-end devices at relatively low prices, have played a key role in the mushrooming growth.
Microsoft Corp. launched its 4G-enabled Lumia 930 smartphone in Taiwan Thursday, marking the second Windows phone released in Taiwan since the software giant acquired Nokia's handset division.
The 5-inch device runs Windows Phone 8.1 and sports a 20-megapixel PureView camera with a lens by German optical systems maker Carl Zeiss AG.
More TV sets were sold in every single market across Southeast Asia in the month prior to the commencement of the the FIFA World Cup in June, market research firm GfK's retail sales tracking reveals.
Its retail audit of TV sales for May 2014 reported nearly 957,000 units sold for the combined markets of Singapore, Malaysia, Philippines, Indonesia, Vietnam, and Thailand.
Spice Retail has launched the country’s first SIM-enabled smart watch, Spice Smart Pulse M 9010, which can be used as a standalone phone. The dual-SIM, 4 cm touch screen device allows to make the phone functionalities such as make and receive call over a Bluetooth headset, send text messages and browse the Web.
Indonesian mobile phone retailer Erajaya Swasembada will acquire a 60 percent stake in privately owned Malaysian electronic devices reseller CG Computers in August, marking the company's first expansion in Southeast Asia.
CG Computers operates 23 outlets under the name Switch, which primarily sells Apple products, such as laptop computers, handsets, monitors, and speakers.
It also markets software products, including Mac OS, Microsoft Office, and anti-virus programs.
A majority of consumers in Vietnam prefer large, modern stores when they shop for high-tech electronic products, according to analysts.
As a result such stores have mushroomed in recent years, they said, pointing to chains belonging to famous firms like FPT, The Gioi Di Dong, and Vien Thong A.
As soon as they appeared in the market, these shops became popular since they offered advantages that traditional retail shops did not – a large and varied range of models, convenient services, and reasonable prices — they said.
Samsung Taiwan will focus on pushing high-end tablets in 2014 and expects its products' advantages over display resolution and thin-and-light industrial design to help it stay as the largest tablet vendor in Taiwan, according to Andy Tu, general manager of Samsung's mobile communication business in Taiwan
Xiaomi's smartphone sales in the first six months of this year rose more than 270 percent year on year to 26.1 million units, the Beijing-based firm said on Wednesday.
The outstanding performance in a fiercely competitive market was driven by extensive marketing and aggressive pricing of products such as the Xiaomi 3 and RedMi, industry insiders said.
Sales in the first half surpassed the company’s 2013 full-year figure of 18.7 million units, said Lei Jun, its founder and chairman.
After announcing the sale of its Vaio PC business and plans to restructure its LCD TV operations, Sony has turned its focus to smartphones and tablets. For the China market, the company has a three-pronged strategy: strengthening the competitiveness of its products and services, developing new product types and expanding its gaming business, according to a Chinese-language Tencent report citing Sony president China Kurita Nobuki.
Compal Electronics is optimistic about the smart shoes sector and expects them to become a new star product of the wearable device industry since shoes are worn more commonly than watches, according to company vice president of R&D business Shen Chun-te.