JB Hi-Fi staff have been run off their feet in the past few weeks as small business operators upgrade computers to take advantage of the AUD20,000 (USD15,000) tax deduction announced in the federal budget. But over the longer term the trend of convergence and 'the internet of things' is set to shake up consumer electronics retailing.
Apple Inc has persuaded developers in China to write apps for the iPhone, helping make that country the largest market for downloads last quarter. The challenge now is getting Chinese users to pay for software.
While downloads of mobile applications in China outpaced those in the US in the recent period, the US still led in revenue, according to App Annie, a website that tracks mobile software. China – now the No. 1 market for iPhones – ranked No. 3 by revenue after Japan.
Singtel-Optus chief executive Allen Lew will focus on keeping costs down by providing more customer services via the internet and run a "hard-nosed" review of its 160 retail stores.
Mr Lew told analysts he wanted to emphasise that managing costs were a very key part of what Optus had to do as the telco ramps up its annual capital expenditure from around AUD1.1 billion (USD882.6 million) to AUD1.77 billion to grow its mobile network in an effort to beat Telstra.
Shares in JB Hi-Fi have lifted after the electronics and appliance retailer reaffirmed its full-year guidance and reported strong sales growth in the March quarter despite continued challenges in New Zealand.
While overall sales of electrical and electronic goods fell by an estimated 3.7 percent in March, according to official figures, JB Hi-Fi has reported "good sales momentum" since the start of 2015.
ZTE Corp aims to expand sales in markets in the Asia-Pacific, especially in Japan, to meet its global target of selling 60 million smartphones in 2015, China's biggest listed telecommunications equipment maker said last week.
The global sales figure for this year marks a 25 percent rise from last year. In the Asia-Pacific, it plans to sell 10 million units mainly by growing in the Japanese market.
Chinese audio and infotainment company Harman International opened its flagship store on 23 April at the TCL Tower in High-tech Industrial Park of Shenzhen. Its sister store, the TCL O2O flagship store was also set up the same day. TCL Corporation's Chairman Li Dongsheng and Harman International's Chairman Dinesh Paliwal attended the ceremony together, representing the start of a comprehensive partnership between the two corporations.
The mobile phone market, especially the smartphone market in Vietnam, will continue to witness the discounting of products as manufacturers race to introduce new products and retailers race to gain market share.
Before the two latest smart phones were brought out by South Korea's Samsung Corporation-the Galaxy S6 and Galaxy S6 Edge – which was available for sale in Vietnam beginning April 11, FPT Shop retail system had adjusted prices for many products by decreasing their price by between VND1.1 million (USD50.6) and VND2.7 million (USD124.2).
XL Axiata, Indonesia's second largest telecommunications provider by subscribers, is working with Chinese smartphone producer Xiaomi in bundling smartphone Redmi 2 to XL subscribers, as part of its effort to attract 10 million more customers in using the smartphone on the company's networks by the end of 2015.
"We are executing bundling [in cooperation] with Xiaomi, because we recognize Xiaomi's customers, which are quite large in Indonesia," said XL Axiata head of device channel Deny Galant in Jakarta last week.
Chinese smartphone maker Xiaomi plans another flash sales campaign – a sale for a limited period of time – for Redmi 2, its newest entry-level smartphone, in Indonesia to capitalize on big demand for its handset after selling its entire inventory in a similar promotion on Wednesday.
Redmi will set the flash sale on 16 April at 11 a.m. through online retailer Lazada, the retailer said on Thursday. The company, however, would not disclose the number of smartphone units to be sold during a flash sale, said Xiaomi's local public relation agency Praxis.
Chinese smartphone maker Xiaomi Inc has decided to sell devices through a leading electronics retail chain in India, part of its effort to move away from online-only sales and boost growth in the world's third-largest smartphone market.
Xiaomi launched its India operations with online marketplace Flipkart.com in July, selling its phones through flash sales where availability is limited to short timeframes.