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Midea, the Chinese home appliance heavyweight, recently revealed that it accelerated its production operations to deliver 20,000 air conditioning units to France in a span of seven days. This was in response to the…
Established Danish electronics manufacturer, Bang & Olufsen, recently unveiled its flagship store at Singapore’s Scotts Square shopping complex. With a retail area of approximately 2853 square feet, this site represents the company’s first Culture Store in…
Mobile World Investment Corporation, a renowned retail conglomerate in Vietnam, recently made a significant move in the business world by separating its electronics retail chain, Dien May Xanh, through an initial public offering (IPO) valued at US$505…
Tata Electronics, a primary supplier for tech giant Apple in India, has increased its internal security measures following a potential leak of confidential client files on the dark web, according to a source from Tata and two industry representatives. In…
Apple’s transition to Intel chips, as reported last week, displays a strategic move driven by necessity and ambition. However, industry experts suggest this is not a straightforward transition, as advanced Intel chips typically require two to three years to…
Renowned eyewear manufacturer, Essilor Luxottica, has entered into a collaboration with Mark Zuckerberg’s Meta for the creation of a more affordable range of AI glasses, targeting price-conscious customers. This move follows the successful release of AI…
Yamada Holdings, Japan’s premier consumer electronics retailer, is scheduled to merge with its competitor, Edion. This amalgamation is set to form Japan’s most extensive electronics retail conglomerate with an estimated annual turnover reaching 2.5 trillion…
Xiaomi Vietnam, a distributor of consumer electronics under the Chinese brand Xiaomi, has been penalized with a fine of VND290 million (US$11,000) for breaches of consumer protection laws, especially involving the use of personal data for marketing purposes.…
Xiaomi Corp., a leading Chinese tech firm known for smartphones and electric vehicles, announced a 43% decrease in net profit in the first quarter of 2022. A variety of factors such as increased memory and other component costs, domestic competition, and…
Dien May Xanh, a Vietnamese electronics retailer and a branch of the Mobile World Investment Corporation, is set to garner approximately US$546 million via an initial public offering (IPO) later this year. The company aims to offer 79.5 million regular…
Sea Limited, a Singapore-based tech conglomerate, has reported substantial growth in both sales and profit for the fiscal quarter ending March 31. This surge in growth has been attributed to the ongoing success of its e-commerce arm, Shopee. Impressive…
Bernard Chong has been named the new leader of the Asia-Pacific (APAC) region for Electrolux Group. His tenure will commence from the first day of June. Formerly serving as the president of Greater China at Dyson, Chong proactively oversaw operations and…
The integration of artificial intelligence (AI) technologies is necessitating a significant shift in business cybersecurity protocols. The evolving landscape of cyber threats is becoming increasingly complex due to the swift adoption of AI. Previously,…
Samsung is reportedly preparing to unveil the next version of the Galaxy Watch Ultra — the true successor to its previous model, which only received a memory upgrade. In response to its key competitor, the Apple Watch Ultra 3, the Galaxy Watch Ultra 2 had…
Google has introduced two new features to its Chrome browser, aiming to elevate the user experience. These additions, which include vertical tabs and a full-page reading mode, have been available on other browsers, but Chrome users can now avail of these…
The family of the late Chairman of the Samsung Group, Lee Kun-hee, is nearing the completion of a sizeable inheritance tax payment. The amount, approximately 12 trillion won ($7.95 billion USD), is expected to be settled later this month. Final Installment…
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