Latest news with #consumerelectronics
Entrepreneur
21-07-2025
- Business
- Entrepreneur
Reliance Retail Acquires Kelvinator to Boost Presence in Consumer Durables Market
The acquisition, announced recently, is seen as a strategic step toward expanding Reliance's footprint in the premium home appliances segment. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Reliance Retail, a subsidiary of Reliance Industries, has acquired home appliance manufacturer Kelvinator in a move aimed at strengthening its position in India's growing consumer durables sector. The acquisition, announced recently, is seen as a strategic step toward expanding Reliance's footprint in the premium home appliances segment. "This integration brings together Kelvinator's long-standing legacy of innovation and Reliance Retail's widespread network, enabling us to deliver high-quality, globally benchmarked products to Indian households," the company stated. It added that the move will support the goal of making aspirational living more accessible to a wider population. Isha M Ambani, Executive Director of Reliance Retail Ventures Limited, highlighted the broader vision behind the acquisition. "Our mission has always been to serve the diverse needs of every Indian by making technology accessible, meaningful, and future-ready," she said. "With Kelvinator joining our ecosystem, we are expanding our offerings of trusted global innovations to consumers across the country." Industry observers see this acquisition as a significant development in Reliance's retail strategy. With Kelvinator now part of its portfolio, the company is poised to deepen consumer engagement and drive long-term growth in the rapidly evolving consumer durables landscape.
Globe and Mail
07-07-2025
- Automotive
- Globe and Mail
CE-LINK Launches USB 2.0 Retractable Spring Cable as a More Flexible Charging Solution
CE-LINK, a global leader in smart connectivity and consumer electronics solutions, is proud to announce the release of its latest arrival: the USB 2.0 Retractable Spring Cable. Engineered with versatility, portability, and durability in mind, this new cable offers an elegant solution for tangle-free charging and high-speed data transfer. Unlike conventional cables, CE-LINK's spring-loaded design allows users to easily extend or retract the cable to the ideal length, making it perfect for everyday use across a variety of settings—whether for drivers needing single-handed access, passengers requiring long-distance charging, or users synchronizing charging and data transfer at once. Flexible Design, Freedom to Extend CE-LINK's retractable spring cable comes in two versatile interface options: USB-C to USB-C and USB-A to USB-C, covering a wide range of devices. Among them: 3-foot version: Unstretched length of 0.79 feet, stretches up to 2.3 feet. 6-foot version: Unstretched length of 1.12 feet, stretches up to 4.6 feet. This flexibility makes it ideal for both short-range and extended-use scenarios, whether it's a quick charge from a laptop or reaching the backseat of a vehicle. On top of that, CE-LINK supports customized 10-foot and longer versions. Stable Performance Meets Durability Despite its compact footprint, this cable packs impressive performance: Up to 3A power output, meeting fast-charging needs for smartphones, tablets, and more. 480Mbps high-speed data transfer, perfect for syncing files, photos, and media. Constructed with a durable TPU jacket, TPE overmolding, and aluminum connector, providing superior resistance to pulling, twisting, and general wear. Wide Range of Applications This retractable cable is designed for maximum convenience and minimal clutter: In the car: Easily extend the cable with one hand for quick connection, without taking your eyes off the road. Perfect for drivers and rear-seat passengers alike. At work: Streamline the workspace with one cable that handles both data transmission and device charging—no extra cords required. During travel: Lightweight and compact, it retracts smoothly and fits neatly into bags or suitcases without getting tangled. For more information about CE-LINK and its products, please visit or contact market@ About CE-LINK Founded in 2004, CE-LINK is a leading OEM and ODM company dedicated to developing cutting-edge consumer electronics solutions. With over two decades of precision manufacturing experience, CE-LINK is at the forefront of innovation in consumer electronics. The company places a strong emphasis on research, development, and sustainability, creating next-generation technologies to meet the evolving needs of consumers and businesses worldwide. Website: Facebook: YouTube: Media Contact Company Name: CE LINK LIMITED Email: Send Email City: Dongguan State: Guangdong Country: China Website:
Wall Street Journal
07-07-2025
- Business
- Wall Street Journal
LG Electronics Expects Quarterly Operating Profit to Nearly Halve
LG Electronics 066570 -2.85%decrease; red down pointing triangle forecast a 47% drop in second-quarter operating profit, missing market expectations. The South Korean consumer-electronics giant said in a preliminary earnings report Monday that its operating profit could come in at 639.10 billion won, equivalent to $469.1 million, for the April-June period, compared with 1.197 trillion won a year earlier.
Yahoo
03-07-2025
- Business
- Yahoo
KOORUI Emerges as a Gaming Monitor Contender Ahead of Amazon Prime Day Surge
LONDON, July 02, 2025 (GLOBE NEWSWIRE) -- As Amazon Prime Day approaches, global demand for high-performance consumer electronics is once again on the rise. According to third-party data, electronics sales during Prime Day 2024 saw an 18% year-over-year increase, with gaming monitors and productivity devices among the top-performing categories. *The G2411P features a 200Hz refresh rate and 1ms response time In response to this momentum, emerging display brand KOORUI has announced a focused lineup of new products for Prime Day, including the gamer-optimized G2741L featuring Dual-Mode display technology. The entry-level high-refresh-rate G2411P, and the 34-inch curved ultrawide 34E6UC designed for immersive work and entertainment setups. A bundle featuring G2741L and G2411P will also launch globally, offering a versatile dual-screen solution. Meanwhile, the sleek E2412F caters to professionals and content creators seeking efficient and minimal design. Founded on May 4, 2021, KOORUI was born with a clear mission: to enhance the human visual experience through high-quality, high-performance display products. The brand quickly expanded across major online platforms including Amazon, TikTok, Youtube and Walmart, supporting a wide range of use cases from gaming and work to content creation. Behind KOORUI lies a strong foundation of industrial and supply chain expertise, drawing on the capabilities of one of China's leading display manufacturing enterprises. While it operates independently as a consumer-facing brand, this technical backing empowers KOORUI to deliver products that balance innovation, quality, and scalability. Industry analysts see KOORUI as a representative of a new generation of tech brands going global. Its scenario-driven product strategy—centered around user context rather than specs alone—offers a differentiated approach in a crowded display market. 'Prime Day is not just a sales moment, but a global stage for brand visibility,' note observers. For KOORUI, it's a chance to link product innovation with global user recognition, while subtly showcasing the growing strength of Chinese display technology in the international arena. About KOORUI Powered by HKC's semiconductor display expertise, KOORUI blends innovative panel manufacturing with human-centered product design. Its monitor lineup empowers creators, gamers, and professionals around the globe with reliable, high-performance visual solutions. Press Contact:KOORUI PR TeamEmail: hkcprcontact@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-06-2025
- Yahoo
Snapchat Shares Insight into How it Influences Consumer Electronics Purchases
This story was originally published on Social Media Today. To receive daily news and insights, subscribe to our free daily Social Media Today newsletter. Snapchat has published a new report into the role it plays in the purchase cycle for consumer electronics, based on a study of 3,000 electronics shoppers across five markets. And as you might expect (given the report was published by Snap), the data shows that Snapchat drives significant interest in electronics discovery. As per the report: 'From viral product drops to creator reviews, social platforms are a major catalyst in consumer electronics discovery. 78% of Snapchatters say social is where they typically first learn about new products and brands, which is 1.6x greater than non-Snapchatters.' Look, I'm not saying this is not true, but I do question the methodology on this one. As you can see in the examples above, the data is based on measuring how survey participants, including a subsection who identify themselves as Snapchat users, agree or disagree with each question. So the survey question would be: 'Social inspires me to find new tech products I would not have tried,' and based on how they answer, and the indicators of which apps they use, the data suggests that Snapchat users are 1.6x more likely to agree. But the results would be relative to how many Snapchat users are in the sample group, what the audience make-up is, etc. Without that data, it could be, like, 12 Snapchat users among the 3,000 total participants, which would skew the data somewhat. But even so, based on what we have here, it does seem like Snapchat users are more open to electronics discovery in the app. The data also shows that 60% of Snapchatters make purchases on social platforms directly from brand posts or ads, and 63% purchase via links on social platforms sent by friends and family. Snapchatters are also more likely to engage with brand content, and share those updates. Snapchatters are also more likely to trust influencer content: '75% of Snapchat users agree that they consider creator recommendations on social as trustworthy as those from friends and family, which is 1.8x greater than non-Snapchatters. In fact, 81% follow creators specifically for their electronics recommendations.' Finally, the report also looks at the role that AR experiences can play in electronics purchases: These are all valid points, and the methodology makes sense. But I do find it strange that all of these AR indicators are almost the exact same audience response percentage for Snapchat-specific users. That, to me, suggests that the Snapchat sample size here is relatively small, which is why it's being presented as a ratio versus other apps, as opposed to showing a percentage of total respondents. But those concerns aside, the data does suggest that Snapchat users are open to discovery and ads about consumer electronics, which could be another consideration for your marketing efforts. You can read Snapchat's full consumer electronics report here. Recommended Reading Snapchat Shares New Trend Insights and How Brands Can Tap Into Them Sign in to access your portfolio
