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 by Staff Writers San Francisco (AFP) Nov 20, 2017
Apple said Friday it was delaying until early next year the release of its HomePod speaker set to compete with Amazon's Alexa-powered devices and Google Home as a smart home and music hub. The delay means Apple will miss the key holiday shopping season in the fast-growing segment of connected speakers. "We can't wait for people to experience HomePod, Apple's breakthrough wireless speaker for the home, but we need a little more time before it's ready for our customers," Apple said in an emailed statement. "We'll start shipping in the US, UK and Australia in early 2018." Apple announced the device at its developer conference in June. Powered by Apple's Siri digital assistant, HomePod is priced starting at $349, at the high end of the market, and is designed with high-quality audio to pair with the Apple Music subscription service. But Apple is late to a marketplace dominated by Amazon and Google, with a handful of other players entering the race. While Amazon and Google have released no specific sales figures, a survey by Consumer Intelligence Research Partners showed Amazon Echo having an installed base of 20 million units in the United States, or 73 percent of the market, at the end of the third quarter. Google Home had sold seven million devices, grabbing a 27 percent market share.
Toshiba sells TV business to China's HisenseTokyo (AFP) Nov 14, 2017 Struggling Japanese conglomerate Toshiba said Tuesday it has decided to sell its television business to China's Hisense Group as part of its efforts to restore its balance sheet. Toshiba agreed with the Chinese group to sell 95 percent in shares of its unit Toshiba Visual Solutions (TVS) for about 12.9 billion yen ($114 million), it said in a statement. "Toshiba has been considering stru ... read more Related Links Satellite-based Internet technologies
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