SanDisk, announced a strategic partnership with National Store, the flagship company of JK Sons Group as its national distributor for the UAE and the recent tie-up comes in the wake of growth of the consumer electronics sector in the UAE. As per research reports, the country’s consumer electronics market is expected to reach AED11.38 billion (US$3.1 billion) in 2010, and projected to grow to AED14.3 billion (US$3.9 billion) by 2014.

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During its first quarter, Avnet Inc. sales grew by 26.4% to cross the $6 billion mark. In the same period, Avnet also completed its four acquisitions – Bell Micro, Tallard Technologies, Unidux and Eurotone Electric Limited. And with these new acquisitions Avnet expects to add nearly $4 billion extra toRead More…

Chip giant Intel has revealed it will acquire security security mainstay McAfee in a epic deal valued at US$7.68 billion in cash. In terms of the deal, in which Intel will buy all of McAfee’s common stock for $48 per share in cash with McAfee operating as a wholly-owned Intel subsidiary and report into Intel’s Software and Services Group.Read More…

AOC monitors, part of Taiwan-based TPV Technology Limited has reinforced its faith in the Middle East region after expanding its operations into Egypt. Equipped with a very strong and comprehensive product platform, production strength and scaled operations, AOC has been able to maintain a year-on-year growth of above 20% forRead More…

Gaith Kadir, former GM, AMD Middle East

Following Gaith Kadir departure as regional GM at AMD Middle East, Turkey and Africa, it is still unclear when a successor will be announced. Kadir’s surprise exit comes just after a year of him having joined AMD to run its regional operations for a second time. AMD’s partners have beenRead More…