Game console executives from Sony Microsoft and Nintendo are ducking for cover today after being slammed by Greenpeace who say that the gaming Companies are not doing enough to eliminate potentially harmful chemicals and metals from their games consoles.
Only days after the Australian dollar plunged to new lows, distributors have started to roll out prices in a move that could impact the specialist channel. The prices come as both the dollar and Australian shares rise in early trading.
Consumer electronic and PC technology companies could be facing a shortage of stock running into the peak Xmas buying period because global shipping is grinding to a halt because of the refusal of banks to issue letters of credit.
One of the largest financiers of consumer electronic in Australia is on the skids with their shares slumping from a high of $3.00 to $0.41c. Key to the Companies future is the CE market that last month declined up to 30% for some CE distributors.
High roaming charges are to blame for the increasing loss of business to Australian companies, with more than 52 percent of organisations claiming the escalating costs are preventing them from conducting effective business with clients and employees abroad.