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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…
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.…
Thai conglomerate Central Retail has finalized the sale of its entire share in Nguyen Kim Electronics, signifying its departure from the consumer electronics industry in Vietnam following successive years of financial losses. Deal Details The transaction,…
The government of Japan is preparing to significantly increase its investment in the semiconductors and artificial intelligence sectors. In the forthcoming fiscal year, the governmental budgetary support for these sectors is predicted to be almost four times…
Apple is reportedly developing its first foldable iPhone, a topic that has been garnering significant interest in recent months. The latest inside information comes from industry analyst Ming-Chi Kuo, who has offered some insight into the potential cost of…
Microsoft’s ambitious Windows 2030 Vision unveils a future where artificial intelligence (AI) is woven into the very fabric of its operating system, dramatically reshaping the user experience. Imagine a world where AI agents tackle mundane tasks, freeing…
JD.com, one of China’s leading online retailers, is set to acquire German electronics retailer, Ceconomy. The acquisition deal is worth an estimated 2.2 billion euros (US$2.5 billion). This strategic move signals JD.com’s intentions to expand beyond its…
Remember Judge Yvonne Gonzalez Rogers? She was the judge who made the ruling in Apple’s 2021 legal battle against Epic Games that resulted from Apple’s decision to boot Epic and its popular Fortnite game from the App Store. Apple said that Epic included a…
Although specs and price should be the deciding factor when purchasing a phone, “brand” is one of the most important aspects that convinces customers to buy certain products. To put it bluntly, Apple and Samsung have monopolized certain markets like the…
Apple’s relationship with the European Union has always been complicated, but the latest set of demands might be the point where the company starts pushing back more aggressively. Under the EU’s Digital Markets Act (DMA), Apple is being asked to open up even…
Teach giant Apple announced that the iPhone 16 will be available in Indonesia from April 11, indicating the sales ban in Southeast Asia’s biggest economy had been lifted. The government in October prohibited the marketing and sale of the model over the US…
Anticipation is reaching peak levels today as Apple has hinted at a new “Air” device launching this week, and while a MacBook Air refresh seems probable, many are hoping for an iPad or even an iPhone version. A brief social media post from Apple CEO Tim Cook,…
Samsung Electronics’ profits in Vietnam declined by 11.4% last year to US$3.2 billion, its latest financial reports show. Its revenues remained almost unchanged at $56.7 billion. Globally, the South Korean giant saw profits surge 122% to $25.3 billion on 16%…
South Korean electronics giant Samsung is set to expand into new areas in Vietnam such as AI, semiconductors and digital transformation. CEO Choi Joo Ho told Prime Minister Pham Minh Chinh at a meeting in Hanoi on Wednesday that the largest foreign direct…
