| June a record month for digital radio
Praise for Radio Amnesty’s part in raising sales
Digital Radio UK, the body responsible for accelerating digital listening and paving the way for radio switchover, says figures compiled by industry analysts GfK show that more than 114,000 digital radios were sold in June 2010, producing a record for the month for the sector. read more...
30 Jul |
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| Samsung profits built on chips
A record April-June quarter nets £2.3 billion profit for Korean giant
Samsung Electronics has posted a record quarterly net profit to June 2010 of £4.28 trillion Won (£2.3 billion), up a massive 83% on the same period last year. But the biggest manufacturer of flat panel TVs in the world said that strong sales of components such as memory chips, and a good performance in smartphone sales, were largely responsible, and the future outlook for consumer electronics means these high profits are unlikely to be sustained. read more...
30 Jul |
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| Retail employment rises 3.5% in second quarter of 2010
Sector creates 22K new jobs
New research from the British Retail Consortium and business law firm Bond Pearce shows that retail employment rose by 3.6% in the second quarter of 2010 compared to the same period a year ago. The BRC said the net increase of 22,055 jobs was driven by a 3% rise in the number of stores during the period – 486 new outlets opened. read more...
30 Jul |
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| Amazon starts selling Kindle e-reader in the UK
New-generation units available from 27 August
Amazon is to start selling its Kindle e-reader in the UK from 27 August. The company has introduced two new models that are smaller and lighter, with 20% faster page turns and 50% better contrast. The 3G model retails at £149, and the new Kindle Wi-Fi at £109. read more...
30 Jul |
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| PURE and Marshall do it again
Iconic brands combine to produce EVOKE-1S Marshall digital radio
At a launch event at the Marshall Amplification factory on 28 July, PURE and Marshall presented a new and improved version of the multi-award winning EVOKE Marshall digital radio, the EVOKE-1S Marshall. The new model combines the award-winning quality of PURE’s EVOKE-1S radio with the legendary style of Marshall Amplification. read more...
29 Jul |
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| BSkyB posts pre-tax profits of £1,173 million
Year-on-year HD growth doubles
BSkyB has posted a pre-tax profit of £1,173 million for the year to the end of June 2010 on revenues of £5,912 million. The company said today that 90,000 new subscribers were added in the fourth quarter, taking the overall total to 9.86 million, 30% of which take HD. read more...
29 Jul |
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| Gorenje acquires Asko Appliances Group
Details to be released 17 August
Slovenian manufacturer Gorenje has concluded a contract for the acquisition of premium Swedish MDA provider Asko Appliances Group. The purchase price has not been revealed. read more...
29 Jul |
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| Fall in consumer credit reflects economic uncertainty, says FLA
Consumers take ‘wait and see’ approach to long-term commitments
The latest figures released by the Finance & Leasing Association (FLA) suggest that many consumers are waiting to see what happens in the wider economy before making credit commitments. The statistics show that consumers used 8% less credit overall in the year to May 2010 than in the 12 month period to May 2009. read more...
29 Jul |
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| DSGi backs iPad as best-selling Christmas gadget
A “3D Christmas” is also on the cards
Currys and PC World owner DSGi is forecasting the iPad to be the most popular of the 5,000 products on its shelves this Christmas. Revealing a list of the ten “big technologies” for the festive season this year, the retailer said its buyers are backing a variety of exciting new products: Microsoft’s Kinect and 3D TVs are placed second and third respectively in the rank of predicted best sellers. read more...
28 Jul |
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| Carphone Warehouse Q1 results ahead of forecast
CW Europe revenues boosted by smartphone sales
Carphone Warehouse Group (CW) today said it is confident of meeting full-year expectations following better than expected first-quarter results. read more...
28 Jul |
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