Euronics says it has the "first place in Europe" when it comes to CE, sales with consolidated turnover for fiscal 2011 growing by 7.1% Y-o-Y and reaching €16.2 billion.
The retailer says W. European sales are up in Austria, Germany and Belgium, but are down in other W. European countries due to sharp price deflation.
The company has more ambitions for the future-- reaching turnover worth €20bn by 2015. It attributes the results to successful addressing of current demand (entry-level products at competitive prices and high-end devices), streamlined internal structure and "privileged relationships" within the channel.
Euronics operates 11000 stores and 6000 dealerships in 31 countries, including 25 EU members.
According to GfK, 2011 European CE turnover amounts to €224.9bn with 0.4% Y-o-Y growth primarily driven by sales within E. Europe.
Go Euronics: Top European Seller of Technical Consumer Goods
Apparently Foxconn expected to start receiving Apple TV panels on Q4, but now the schedule has changed... rumours instead suggest the Apple TV set will hit the market "before the 2012 holiday season."
Both systems also support InstaPrevue, an Onkyo source selection technology providing picture-in-picture display of programs available on connected HDMI devices.
Western Digital claims it will bring about "a new era of blazing fast HD entertainment streaming" with the My Net dual-band 802.11n router line. Two years in the making, the routers feature "FasTrack" technology that supposedly gives higher priority (thus reducing lag) for traffic from video, gaming and Skype.
The company revealed its first tablet, the 8.9-inch Optimus Pad, at Mobile World Congress 2011. An LTE version of the Optimus Pad was released on January 2012.
