Electronics

Twelve-year sentence for Samsung's vice-president?

Prosecutors in the Samsung corruption case have demanded a 12-year sentence for its former vice-president and de facto CEO of the South Korean company at the time, Jay Y. Lee, who has been charged with bribery and embezzlement.

Apple sales drop smaller than expected

Apple has sold more iPhones in the third quarter of its fiscal year than it did last year, which was a surprisingly more positive feat than analysts had expected. Compared to the second quarter, there was further decline though.

Ceconomy (Media Markt) acquires quarter of Fnac Darty

Ceconomy, Metro Group’s former consumer electronics division containing Media Markt and Saturn, acquired 24.3 % of Fnac Darty’s shares from the Pinault family.

 Blokker adds household appliance specialist AO.nl to Nextail

Blokker Holding’s online organization, Nextail, will enter a strategic collaboration with online household appliance specialist AO.nl’s Dutch division.

Duo will lead Fnac Darty

The Fnac Darty group is preparing for life after Alexandre Bompard, since its current CEO will start working for Carrefour tomorrow. He may actually be succeeded by a duo.

Samsung's new flagship yields record profit

Korean technology company Samsung published record results for its past quarter thanks to its successful Galaxy S8 launch. The flagship product and an increased chip demand helped the company soar.

EU aims to abolish planned obsolescence

The European Parliament accepted a resolution to lengthen consumer goods and software’s longevity, a counter to the alleged planned obsolescence process built into a lot of products.

Blemish for smartphone manufacturers from Greenpeace

Anyone who has a smartphone, tablet or laptop from SamsungApple or Microsoft, will probably not be able to repair the device themselves. Even seasoned repairmen have trouble fixing them, getting spare parts or to upgrade them, Greenpeace and iFixit say.

Apple sales keep slipping

Apple once again sold fewer iPads and iPhones in the second quarter of its fiscal year, but despite that, the American technology company increased its turnover and profit results.

Media Markt presents: experience 2.0

The store as an amusement park: an elaborate experience strategy is how Media Markt will counter its online competitors. The new pilot stores in Wilrijk and Eindhoven give shoppers an overview of all the latest electronic gadgets.

Google wants to invest a lot in OLED screen production at LG

Google intends to invest 1 billion won (830 million euro) in technology firm LG’s OLED screen production. These are used in smartphones, but are often in short supply.

Samsung presents strong first quarter results

Korean electronics company Samsung’s preliminary results for its first quarter of 2017 were better than analysts had forecast. According to the company, the past quarter was its best in three years' time.

Swatch develops own OS for smartwatches

Swiss Swatch Group is currently developing its own smartwatch OS to rival Apple and Google’s operating systems, requiring less battery power and better data protection.

Retailers seek certainty when implementing new rules for energy labels

Content provided by EuroCommerce - Retailers and wholesalers are pleased with the simplification of energy labelling rules agreed by the European Parliament and the Council. Yet they warn that inconsistent or too rigid application of the rules could cause confusion and uncertainty.

 

Unrest at Vanden Borre and BCC despite Fnac Darty growth

Fnac's merger with Darty, which owns Belgian Vanden Borre and Dutch BCC, is starting to pay off, but there is unrest brewing in Belgium, France and the Netherlands.

Amazon's voice assistant in Motorola smartphones

Motorola has announced it will implement Amazon's voice assistant, Alexa, in a number of its smartphones. The company also said it would add Alexa to nearly all of its devices in the future.

Samsung's vice chairman officially indicted for corruption

Samsung vice chairman Jay Y. Lee has officially been indicted for corruption in the same case that saw the country's president Park Guen-hye impeached for her involvement last December.

“Dumbphones are on their way back”

The major smartphone companies will need to consider a new competitor, the “dumbphone”. These have fewer capabilities, but their sales have skyrocketed over the past few months.

Android and iOS dominate smartphone market

While Android (81.7 %) and iOS (17.9 %) have absolute control over the smartphone market, Blackberry’s percentage is now officially 0.0 %. Windows came crashing down from 1.1 % to a mere 0.3 %.

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