Alviva reports year-end results
Alviva Holdings has reported that its revenue for the year ended 30 June 2021 is 1% higher than last year at R15-billion. Earnings before interest, tax, depreciation and amortization (EDBIDTA) are 25% up at R887-million. Earnings per share are 267,3 cents, an increase...
Adapt IT shows resilience
Adapt IT has reported an overall increase in revenue and earnings for the financial year ended 30 June 2021. Revenue increased by 1% to R1,503-billion (2020: R1,483-billion), at muted organic growth of 1%. The sector and geographic diversification had served the...
Modest growth for China’s thin clients
IDC's latest data shows thin client shipments in China reached 184 000 units in 2016Q1, up by 1,7% year-on-year, while sales revenues stood at $48,3-million, up by 1,9% year-on-year. While these numbers are modest, they are noteworthy compared with the lacklustre...
World IT spend remains flat
Worldwide IT spending is forecast to be flat in 2016, totaling $3,41-trillion. The Gartner forecast is up from last quarter's expectation of negative 0,5% growth, and has changed mainly due to currency fluctuations. "The current Gartner Worldwide IT Spending Forecast...
IT infrastructure spend bucks the trend
Despite the prospect of flat IT growth this year, the total spend on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments will increase by 15,5% in 2016 to reach $37,1-billion. According to the latest...
Smart TVs pass the tipping point
An important milestone was passed in early 2016: more than half of TV sets shipped globally in first quarter 2016 were smart TVs. The acceleration in the uptake of Internet-connected TVs was led by China, where four out of five TV sets shipped with smart...
New hub will streamline Gauteng logistics
Plans are afoot to build a new logistics hub in Gauteng to streamline the movement of freight through South Africa and into the rest of the continent. This movement of freight it part of the government's Strategic Infrastructure Projects (SIP) of the Presidential...
Greenpeace aims for sustainable power in Africa
Greenpeace Africa is concentrating its efforts on promoting sustainable development with particular emphasis on policies that support investment and development in clean renewable energy. This is the word from the new executive director of Greenpeace International,...
Wearables to drive flexible displays
As the popularity and penetration of wearable and mobile devices increase, so too will demand for innovative flexible displays. In fact, revenue from flexible displays is expected to increase more than 300%, from just $3,7-billion in 2016 to $15,5-billion in 2022....
Sky’s the limit for future smart devices
New sensors and engines will make smartphones and smartwatches of the future capable of feats that are hardly imaginable from today's perspective. This is the assumption made by Raimund Hahn, CEO of Rhino Inter Group, a wholesale group for electronic devices. He is...
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