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Russian Retail to be Slow

The Russian market has been poor for the last couple of years, but analyst, PMR, which specialises in Eastern Europe, has estimated that the value of retail sales (excluding motor vehicles and fuels) will grow 7.1% this year to 19.4 trillion rubles ($304 billion). That is slower growth than in recent years, but still very … Read more

LG UltraFine 5K/4K Displays Designed For Ultimate Mac User Experience

LG Electronics (LG) is introducing two new displays designed specifically to integrate seamlessly with the newest MacBook and MacBook Pro models. The new LG UltraFineTM 27-inch 5K and LG UltraFine 21.5-inch 4K monitors are ideal for creating an expanded work space in the home or office and the perfect complement for MacBook and MacBook Pro … Read more

Qualcomm to Acquire NXP

Qualcomm

Qualcomm Incorporated and NXP Semiconductors N.V. today announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Qualcomm will acquire NXP. Pursuant to the agreement, a subsidiary of Qualcomm will commence a tender offer to acquire all of the issued and outstanding common shares of NXP for $110.00 per … Read more

Moscow Airport to Upgrade

Passenger Terminal Today reports that Sheremetyevo International Airport, located around 29km northwest of central Moscow in Russia, has revealed plans for extensive upgrades totalling $865m ahead of the country hosting the FIFA World Cup in 2018. Russia’s infrastructure will be put to the test by an influx of teams, officials and fans, so Sheremetyevo is … Read more

AptoVision Announces New Design Wins for BlueRiver AV-over-IP Technology

AptoVision™ today announced that the company has reached a milestone in market adoption with more than 25 manufacturers now incorporating its award-winning BlueRiver™ NT and BlueRiver NT+ AV-over-IP chipsets into more than 35 advanced AV signal distribution products. The latest companies to feature AptoVision-based designs are HDCVT Technology Co., Ltd. and Tonlyware Technology Co., Ltd. … Read more

Amazon Result 27/10/2016

amazon

Amazon.com Inc. announced Q3 net profits of $252 million, an increase from $79 million a year ago, on sales of $32.7 billion, up from $25.4 billion. For the nine months there were profits of £1.6 billion, compared with $114 million, on revenue which rose to $92.2 billion from $52.7 billion. Among its highlights, the company … Read more

Coates Group Is Industry’s First To Deploy B2B Virtual Reality Tool, Changing The Way Brands Develop New Solutions

Coates Group, a global leader in digital merchandising software, kiosks, and digital drive-thrus, is the industry’s first to utilize Virtual Reality (VR) from a B2B perspective, allowing brands to physically see and develop new digital hardware and content within their own virtual store. Creating a never before seen experience in the world of digital merchandising, … Read more

Flex Result 27/10/2016

flex logo

Flex posted Q2 net losses of $2.5 million, compared with profits fro the same time last year of $123.0 million, on revenue of $6.0 billion, down from $6.3 billion. For the half year, there were profits of $103.2 million, a reduction from $233.8 million, on turnover which remained flat at $11.9 billion. The company says … Read more